YouTube Maps 8 points Exam 3 (Chapters 7-9) 44 Mountain View Resorts purchased equipment at the beginning of 2024 for $32,000. Residual value at the end of an estimated four- year service life is expected to be $8,400. The machine operated for 2,400 hours in the first year and the company expects the machine to operate for a total of 11,000 hours over its four-year life. 801.35.11 Required: Calculate depreciation expense for 2024, using each of the following depreciation methods: 1. Straight-line 2. Double-declining-balance 3. Activity-based (For all requirements, round your intermediate calculations to 2 decimal places.) Straight-line Double-declining-balance Activity-based Depreciation Expense

Moumen View Aesorts surchased equigment at the beginning of 2024 for $32,000 Residual value at the end of an estimated fourmactine to openate for s total ar ftooo hours over its fouryear ife. Alequined: Calculate depricaton expense for 2024 using each of the following depreciation methods istraightine 2 Double decling bulance 3. Actrovioused (Foralf requirements, nound your intermedate calculations to 2 decimal places)