Quality Producers acquired factory equipment on 1 January 205, costing $162.000. Component parts are not significant and need not be recognized and depredated separately. In view of pending technological developments. it is estimated that the machine will have a resale value upon disposal in four years of $52.000 and that disposal costs will be $4,000. The company has a fiscal year-end that ends on 31 December. Data relating to the equipment follow: Required: 1. Prepare a depreciation schedule for the asset, using: a. Straight-line depreciation. (Enter your answers as positive values. Round your answers to the nearest dollar.) 1. Prepare a depreciation schedule for the asset, using: a. Straight-line depreciation. (Enter your answers as positive values. Round your answers to the nearest dollar.) b. Declining-balance depreciation, using a 26% rate. (Enter your answers as positive values. Round your answers to the nearest dollor.) C. Service hours depreciation. (Round your depreciation expense per hour to 2 decimal places. Enter your answers as positive valuer. Round your answers to the nearest dollar.) 2. Express straight-line depreciation as a percentage of original cost. (Round your percentage answer to neorest whole number (i.e. 0.12 should be considered as 12%).)