View Policies Current Attempt in Progress On April 22.2020. Blossom Enterprisen purchased equipment for $139,700. The company expect to the woment for 11.500 working hours during its 4-year life and that it will have a residual value of $15.50 December 1 year and and pro rates depreciation to the nearest month. The actual machine usage was 1800 hours in 2020, 2700 hours in 2024 hours in 2022: 2.500 hours in 2023 and 1.100 hours in 2024 hline method (Round answers to decimal places, Calculate depreciation expense for the life of the asset under straight-line method. Round answers to decimal places, es 5.276) Depreciation Expense 2020 s 23288 2021 $ 31050 2022 S 31050 2023 $ 31050 2024 $ Calculate depreciation expense for the life of the asset under double dieninishing-batarte method. fround answers to decimol places, es 5,276) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 $ Calculate a depreciation expers for the life of the asset under of reduction method tound unite to 2 decimal place eg 2.25 and final answers to decimal places, s. 5,276) Depreciation Expense 2020 $ 2021 $ 2022 3 2023 $ 2024 $ Which method results in the lowest profit over the life of the asset? Which method results in the least cash used for depreciation over the life of the asset