The Deprecintion Methods Tendanes purchased packaging equipment on January 8 for $256,800. The equipment was expected to have a useful life of four years, or 7,60 operating hours, and a vol 21,200, The xxipient was used for 2,660 Hours during Year 1, 1,596 hours in Year 2, 2,128 hours in Year 3, and 1,216 hours in Year 4. Rund: 1. mne the amount of deprecition expense for the four years ending December 31 by the straight line method, (b) the units of activity method, and (c) the double declining balance method. Also determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest whole dollar. Depreciation Expense Units of Activity Double Declining Your Straight Line Method Method Balance Method Yut Yes Year Yol 4 2. What method yields the highest depreciation expense for Year 1? Wii mchells the most depreciation over the four year life of the equipment