Waylander Coatings Company purchased waterproofing equipment on January 6 for $844,000, The equlpment was expected to have a useful life of four years, or 8,800 operating hours, and a residusl value of $69,600. The equipment was used for 3,300 hours during Year 1,2,700 hours in Year 2,1,600 hours in Year 3 , and 1,200 hours in Year 4. Required: 1. Determine the amount of depreciation expense for the years ended December 31 , Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the tinits-bfactivity method, and (c) the double-declining-balance method. Also determine the total depreciation expense for the four years by each methiod. Note: Round the answer for each year to the nearest whole dollar. 2. wnat metnod yieros the nignest depreciabon expense for year 17 3. What method yields the most depreciation over the four-year life of the equipment