used for 7,200 hours during Year 1,6,400 hours in Year 2, 4,400 hours in Year 3, and 2,000 hours in Year 4. Required: determine the total depreciation expense for the four years by each method. Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. 2. What method yields the highest depreciation expense for Year 1? 3. What method yields the most depreciation over the four-year life of the equipment