Perdue Company purchased equipment on April 1 for $52,600. The equipment was expected to have a useful life of three years, or 7,300 operating hours, and a residual value of $1,500. The equipment was used for 1,300 hours during Year 1, 2,600 hours in Year 2, 2,200 hours in Year 3, and 4,258.333333 hours in Year 4. Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. Note: Round all values for each depreciation method and each year to the nearest whole dollar.

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $52,600. The equipment was expected to have a useful life of three years, or 7,300 operating hours, and a residual value of $1,500. The equipment was used for 1,300 hours during Year 1, 2,600 hours in Year 2, 2,200 hours in Year 3, and 4,258.333333 hours in Year 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. Note: Round all values for each depreciation method and each year to the nearest whole dollar. a. Straight-line method Year Amount Year 1 $ Year 2 $ Year 3 $ Year 4 $ b. Units-of-activity method Year Amount Year 1 $ Year 2 Year 3 $ Year 4 c. Double-declining-balance method Year Amount Year 1 $ Year 2 Year 3 Year 4