answer part C

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on October 1 for $38,050. The equipment was expected to have a useful life of three years, or 5,200 operating hours, and a residual value of $1,650. The equipment was used for 900 hours during Year 1, 1,800 hours in Year 2, 1,600 hours in Year 3, and 900 hours in Year 4. Required: 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 units-of-activity method, and (c) the double-declining-balance method. Note: Round all final values for each depreciation method and each year to the nearest whole dollar a. Straight-line method Year Amount Year 1 3,033 Year 2 12,133 Year 3 12,133 Year 4 9,100 b. Units-of-activity method Year Amount Year 1 6,300 Year 2 12,600 Year 3 11,200 C. Double-declining-balance method Year Amount Year 1 1,585 X Year 2 24,310 x Year 3 8,103 x Year 4 2,402 X Feedback * Check My Work Asset cost minus residual value equals depreciable cost. Straight-line method allocates the depreciable cost of the asset equally over the period of use. Sum the yearly depreciation to determine total depreciation. Annual units-of-activity depreciation allocates the cost of the asset equally over the units produced (hours). The double-declining rate is two times the straight-line rate. Book value is the asset cost minus accumulated depreciation Compare the total depreciation for all methods over the time period. Recall that straight-line method allocates the depreciable cost of the asset equally over the period of use, while double-declining-balance method is an accelerated method