tesorts purchased equipment at the beginning of 2021 for $43,000. Residual value at the end of an estimated four- s expected to be $8,700. The machine operated for 1,200 hours in the first year and the company expects the ate for a total of 10,000 hours over its four-year life. Elation expense for 2021. using each of the following depreciation methods: (1) straight-line, (2) double-declining activity based (Round your intermediate calculations to 2 decimal places.) Depreciation Expense balance