Winsey Company purchased equipment on January 2, 2019, for $700,000. The equipment has the following characteristics:

Estimated service life 20 years, ..........100,000 hours, 950,000 units of output
Estimated residual value .....................$50,000
During 2019 and 2020, the company used the machine for 4,500 and 5,500 hours, respectively, and produced 40,000 and 60,000 units, respectively.

Required:
Compute depreciation expense for 2019 and 2020 under each of the following methods:
1. Straight-line method
2. Activity method based on hours worked (round the depreciation rate per hour to 2 decimal places)
3. Activity method based on units of output (round the depreciation rate per unit to 2 decimal places)
4. Sum-of-the-years’-digits method
5. Double-declining-balance method
6. 150%-declining-balance method
7. Next Level If Winsey used a service life of 16 years, 80,000 hours, or 750,000 units of output, what would be the effect on depreciation expense under the straight-line, sum-of-the-years’-digits, and declining-balance depreciation methods? Round your answers to the nearest dollar.