Current Attempt in Progress On April 22, 2020, Crane Enterprises purchased equipment for $142,360. The company expects to use the equipment for 11,550 working hours during its 4-year life and that it will have a residual value of $13,000. Crane has a December 31 year end and pro-rates depreciation to the nearest month. The actual machine usage was: 1,700 hours in 2020, 2,700 hours in 2021: 3.600 hours in 2022; 2,700 hours in 2023; and 1,050 hours in 2024 (a 1) Calculate depreciation expense for the life of the asset under straight-line method. (Round answers to decimal places, eg: 5.276.) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 S 2024 $ Calculate depreciation expense for the life of the asset under double diminishing-balance method. (Round answers to decimal places, eg. 5,276) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 $