Question: I'm not too sure what i'm doing wrong for part C, need help with part c Depreciation by Three Methods; Partial Years Perdue Company purchased

I'm not too sure what i'm doing wrong for part C, need help with part cI'm not too sure what i'm doing wrong for part C, need

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $75,870. The equipment was expected to have a useful life of three years, or 7,020 operating hours, and a residual value of $2,160. The equipment was used for 1,300 hours during Year 1, 2 hours in Year 2, 2,100 hours in Year 3, and 1,120 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) units-of-output method, and (c) the double-dedlining-balance 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. a. Straight-line method Year Year 1 Year 2 Year 3 Year 4 Amount 18,427.5 24,570 24,570 6,142.5 b. Units-of-output method Year Year 1 Year 2 Year 3 Year 4 Amount 13,650 v 26,250 22,050 11,760 c. Double-declining-balance method Amount 37,935 X 25,290 Year i Year 2 Year 3 Year 4 8,430 X 2,810 X

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