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Perdue Company purchased equipment on April 1 for $ 7 6 , 6 8 0 . The equipment was expected to have a useful life

Perdue Company purchased equipment on April 1 for $76,680. The equipment was expected to have a useful life of 3 years, or 6,480 operating hours, and a residual value of $2,160. The equipment was used for 1,200 hours during Year 1,2,300 hours in Year 2,1,900 hours in Year 3, and 1,080 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 the double-declining-balance method.
Note: FOR DECLINING BALANCE ONLY, round the final multiplier to four decimal places. Then, round the answer for each year to the nearest whole dollar.
Year 1
Year 2
Year 3
Year 4

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