Question: eBook Print Item Question Content Area Depreciation by three methods; partial years Perdue Company purchased equipment on April 1 for $ 4 8 , 8

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Depreciation by three methods; partial years
Perdue Company purchased equipment on April 1 for $48,870. The equipment was expected to have a useful life of 3 years, or 4,320 operating hours, and a residual value of $1,350. The equipment was used for 800 hours during Year 1,1,500 hours in Year 2,1,300 hours in Year 3, and 720 hours in Year 4.
Required:
Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method.

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