Check my world 3 10 Do Exercise 7-10A Determine depreciation for the first year under three methods (L07-4) Super Saver Groceries purchased store equipment for $20,500 Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $3,500 During the 10-year period, the company expects to use the equipment for a total of 19.000 hours Super Saver used the equipment for 1700 hours the first year Required: Calculate depreciation expense of the equipment for the first yest, using each of the following methods 1 Straight line Copollion pers 2 Double-declining balance 3 Check 3 10 point 2. Double-declining balance. Duration Hot 3. Activity-based