Print Item Session Locator=&inprogress=fals Green Vegetable Mfg. Co. purchased equipment on January 1, 2019, at a cost of $800,000! The equipment is expected to have a service life of ten years, or 40,000 hours, and a residual value of $70,000. During 2019, the equipment was operated for 5,000 hours, and during 2020, it was operated for 7,000 hours. Required: Compute the depreciation expense for this machine in 2019 and 2020 under each of the following depreciation methods: When required, round your answers to the nearest dollar. 2019 2020 a. Straight-line method b. Activity method (hours). 73,000 $ 91,250 V 73,000 127,750 C. Double-declining-balance method 109,500 X $ 93,075 X d. Sum-of-the-years-digits method 24,333 X $ 20,333 X