Southern Fried Chicken bought equipment on January 2,2016 , for $30,000. The equipment was expected to remain in service for four years and to perform 4,800 fry jobs. At the end of the equipment's useful life, Southern estimates that its residual value will be $6,000. The equipment performed 480 jobs the first year, 1,440 the second year, 1,920 the third year, and 960 the fourth year Requirements 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods. Show your computations. Note: Three depreciation schedules must be prepared 2. Which method tracks the wear and tear on the equipment most closely? Prepare a depreciation schedule using the units-of-production method