Chapter 09 Homework (Application) eBook Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 3 for $93,420. The equipment was expected to have a useful life of three years, or 6,480 operating hours, and a residual value of $2,700. The equipment was used for 1,200 hours during Year 1, 2,300 hours in Year 2, 1.900 hours in Year 3, and 2,080 hours in Year Required: Determine the amount of depreciation expense for the years ended December 3, Year 1 Year 2 Years, and Year 4. by (a) the straightline method, (b) units-of-output 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 1 Year 2 Year Year 4 b. Unit of output method Year Amount Year 1 Year 2 Year Previous Next > Check My Work Chapter 09 Homework (Application) eBook a. Straight-line method Year Amount Year 1 Year 2 Year 3 Year 4 b. Units-of-output method Year Amount Year 1 $ Year 2 $ Year 3 S Year 4 $ C. Double-declining balance method Year Amount Year 1 $ Year 2 $ Year 3 $ Year 4 Check My Work