Points Amwaj Indstrial Co purchased an equipment for $720,000 an 1 Jan 2020, it is estimated that the equipment will have a 10 year neful life or 350,000 units over to use e di salvage value at the end of useful life is estimated as $20.000 Required: Compute the depreciation expense for the year ended December 31, 2020, using the following methods of depreciation. (Please SHOW YOUR CALCULATIONS) 1. Straight-line method of depreciation. 2. Units-of-production method of depreciation assuming that the company produced 42,000 units in 2020 3. Double-declining balance method of depreciation. For the toolbar ALTAF16 (PO) ALTIN 16 (Mac) BIUS Paragraph Anal 10pt IEE A 21 XO