Instructions Depreciation Expense Final Questions Instructions Dexter Industries purchased packaging equipment on January for $11,200. The equipment was expected to we useful le of three years or 20.000 opening hours, and of 57.200. The equipment was used for 6.000 hours during Year 1.7.360 hours in Your ? 3.60 hon ha Required: 1. Determine the amount of apreciation experise for me three years and December 31 by the state method the to avily method, and (c) the double declingbloed. Also determine the foldepresion expense for the three years by each method (Note: For STRAIGHT-LINE ONLY, round the first two years to me nearest whole or the round the third year as necessary For DECLINING BALANCE ONLY, round the multiplier to five decimal pices. Then mund the answer for each year to the nearest whole dolar) 2. What method yields the highest depreciation expense for Year 19 a. What method yolds the most depreciation over the three years of me qumer? Show Me How Chapter 09 Homework (Application) eBook Comparing three depreciation methods frestruction Depreciation Expense Fiat Quballona Depreciation Expense Shaded cold have done 1. Dermine the amount of depreciation expense for the three years anded December 31 by (a) the straighting method. (b) me vety methodand (c) the double-declining-balance method. Also determine the total depresiunion expense for the three years by each method. (Note: For STRAIGHT-LINE ONLY. Mund the first two years to the newest whole dollar, then round the third year as necessary, For DECLINING BALANCE ONLY, round the munoter to Nve decorat places. Then round me answer for each year to me nanese whicho dollar) Question not attempted. Depreciation Expense Score: 0745 Straight line Method Units-of-Activity Year Double Dedning Balance Method Method Year 1 Year 2 Years Total Previous Check My Work