Computing Depreciation Under Alternative Methods Computing Depreciation Under Alternative Methods Equipment costing $195,000 is expected to have a residual value of $15,000 at the end of its six-year useful life. The equipment is metered so that the number of units processed is counted. The equipment is designed to process 1,500,000 units in its lifetime. In Year 1 and Year 2, the equipment processed 280,000 units and 205,000 units respectively. Calculate the depreciation expense for Year 1 and Year 2 using each of the following methods: a. Straight-line (Round to nearest dollar) b. Double declining balance (Round to nearest dollar) c. Units of production (Round to nearest dollar)