Rehearsal Corporation purchased equipment on Jan 1, 2021, for $250,000. The equipment was expected to have a useful life of three years, or bigo19 12,000 operating hours, and a residual value of $10,000. The equipment was used for 3,500 hours during 2021, 3,500 hours during 2022, and 5,000 hours in 2023. inoval Instructions: Determine the amount of depreciation expense for the years ended December 31, 2021, 2022, and 2023, by (a) the straight-line method, (b) the units-of-production method, and (c) the double-declining-balance method. Round DDB Rate to two decimal places. Round final answers to the nearest dollar. COUR tq:0 00082 Year 000 2 2021 2022 002 2023 Total Staight-Line mar Depreciation Expense pelvic Units-of-Production Double-Declining-Balance borsbsb sangat ingil 9310 borisont 25162 Consbivib on

Rehearsal Corporation purchased equipment on Jan 1, 2021, for $250,000. The equipment was expected to have a useful life of three years, or 12,000 operating hours, and a residual value of $10,000. The equipment was used for 3,500 hours during, 2021, 3,500 hours during 2022 , and 5,000 hours in 2023 . Instructions: Determine the amount of depreciation expense for the years ended December 31, 2021, 2022, and 2023, by (a) the straight-line method, (b) the units-of-production method, and (c) the double-declining-balance method. Round DDB Rate to two decimal places, Round final answers to the nerest dollar