MCCCC Mycolage Question 1 - Chapter 7 Astment Contact Chapter 7 Assessment Sad Help Save & Exit Submit 1 Mountain View Resorts purchased equipment at the beginning of 2021 for $44,000. Residual value at the end of an estimated four year service life is expected to be $7.500. The machine operated for 1.300 hours in the first year and the company expects the machine to operate for a total of 10,000 hours over its four-year life Calculate depreciation expense for 2021. using each of the following depreciation methods: (t) straight-line. (2) double-declining balance, and (3) activity based (Round your intermediate calculations to 2 decimal places.) 000 Depreciation Expense Straight Double dichining balance Activity based