mework #2 years, or 20,000 operating hours, and a residual value of $35,000. The equipment was used for 7,200 hours during Year 1, 6,400 hours In Year 2, 4 400' hours in Year 3, and 2,000 hours in Year 4. ' Required: \\ Determine the amount of depreciation ekpense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straighbline method, (b) the unitsofactivity method, and (c) the double~dectiningbaiance method. Also determine the total depreciation expense for the four years by eadi method. Round the answer for each year to the nearest whole dollar. 1. Depreciation Expense Year StraightLine Method Units-ofActivity Method DoubleDeclining-Balance Method Year 1 . $[::] Year 2 ' i:i Year 3 ' . l::l Year 4 lT::l ' :: Total . ' $ Ff 2 What method yields the highest depreciation expense for Year 1? v ______- ' ' ' ' nt? 3 Wi at method yields the most depreciation over the foux-yeal life of the equipme . 'i 4 W