Comparing Three Deorebiation Methods Dexter industries purchased pockaging equipment on danuary 8 for $1,009,000. The equipment was expected to have a useful life or four years, or 10,400 operating hours, and a readual walue of 583,400 . The equipment was used for 3,640 hours during Year 1,2,184 hours in Year 2,2,912 hours in Year 3 , and 1,664 hours in Year 4. Required: 1. Determine the amount of depreciabion expense for the four years ending Docember a1 by (a) the atraight-line methoc, (b) the units-af-activity method, and (c) the dovble-jedining-bslance methed, Aso determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest Whole doliar. 2. What metosd viedss the highest depreclation expense for Year 1 ? 3. What mathod yields the most depreciatoon over the fouryear life of the equipment