Boot Print item Depreciation by Three Methods: Partial Years Layton Company purchased tool sharpening equipment on October 1 for $38,580. The equipment was expected to have a useful life of three years or 5,400 operating hours, and a residual value of $1,080. The equipment was used for 1,000 hours during Year 1, 1,900 hours in Year 2, 1,600 hours in Year 3, and 900 hours in Year 4. Required: Determine the amount of depreciation explise 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: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. A. Straight-line method Year Amount Year: Year 2 Year 3 Year 4 b. Units-of-activity method Year Amount Year Your 2 3 Year 3 Yed Douboining balance method Year Amount VENT Duck My Work 2 mone Check My Wokonaning Previous Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest Whole Gladi. a. Straight-line method Year Amount Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Amount Year 1 Year 2 Year 3 Year 4 c. Double-declining balance method Year Amount Year Year 2 Year 3 Year Om M Work uses maining