Waylander Coatings Company purchased waterprooting equigment on January 6 for $654,400. The equipment was expected to have a useful life of four. years, or 7,600 operating hours, and a residusl value of $54,000. The equipment was used for 2,900 hours during Year 1,2,400 hours in Year 2,1,400 hours in Year 3 , and 900 hours in Year 4. Required: 1. Determine the amount of depreciabon expense for the years ended December 31, Year 1, Year 2, year 3, and Year 4, by (a) the straight-line method, (b) the units-ofactivity method, and (c) the double-declining-batance method, Also determine the total depredation expense for the four years by each method. Note: Round the answer for each year to the nearest whole dollar. 3. What mathod vields the mast depreciation over the four-year iffe of the equpmient