explain

Brief Exercise 11-4 (Static) Depreciation method; Sum-of-the-years'-digits [LO11-2] On January 1, 2021, Canseco Plumbing Fixtures purchased equipment for $30,000. Residual value at the end of an estimated four-year service life is expected to be $2,000. The company expects the equipment to operate for 10,000 hours. Required: a. Calculate depreciation expense for 2021 and 2022 using sum-of-the-years-digits assuming the equipment was purchased on January 1, 2021. b. Calculate depreciation expense for 2021 and 2022 using sum-of-the-years-digits assuming the equipment was purchased on March 31, 2021. Complete this question by entering your answers in the tabs below. Required A Required B Calculate depreciation expense for 2021 and 2022 using sum-of-the-years-digits assuming the equipment was purchased on January 1, 2021. 2021 2022 Sum of the years' digits depreciation Depreciable Base Rate per Year - Depreciation Expense On January 1, 2021, Canseco Plumbing Fixtures purchased equipment for $30,000. Residual value at the end of an estimated four-year service life is expected to be $2,000. The company expects the equipment to operate for 10,000 hours. Required: 6. Calculate depreciation expense for 2021 and 2022 using sum-of-the-years-digits assuming the equipment was purchased on January 1, 2021 b. Calculate depreciation expense for 2021 and 2022 using sum-of-the-years-digits assuming the equipment was purchased on March 31, 2021. Complete this question by entering your answers in the tabs below. Required A Required B Calculate depreciation expense for 2021 and 2022 using sum-of-the-years-digits assuming the equipment was purchased on March 31, 2021. 4/1/2021 through 12/31/2021 Sum of the years' digits depreciation Depreciable Base Total depreciation expense-2021 1/1/2022 through 3/31/2022 4/1/2022 through 12/31/2022 Total depreciation expense - 2022 X x X Rate per Year