Comparing Three Depreciation Methods

Comparing three depreciation methods Waylander Coatings Company purchased waterprooling equipment on lanuary 6 for 5237,200 . The equipment was expected to have a useful ife of 4 years, or 6,600 operating hours, and a residual value of $19,600. The equipment was used for 2,600 hours during Yeor 1,2,100 hours in Year 2 , 1,200 hours in Year 3 , and 900 hours in year 4. Requilred: 1. Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3 , and Year 4 , by (a) the straightetine method, (b) the unilstof-activity thethod, and (c) the double-decining-baisnce method, Also determine the total depreciation expense for the 4 years by each 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. 2. What mothod yieids the highest oepreciation expense for Year 17