On January $3,2023,$ Xenex Innovations purchased computer equipment for $$125,250.$ The equipment will be used in research and development activities for five years or a total of $8,500$ hours and then sold for about $$19,000.$

Assume actual usage in hours of:

$20232024202520262027$

$1,3501,7802,4002,9802,700$

Required:

Calculate depreciation expense and book values for each year of the equipment$$s life for each method of depreciation using the table provided below. Xenex$$s year$-$end is December $31.($Do not round intermediate calculations.$)$

for Year $2023$ to $2027$ each, calculating depreciation expense and book value at December $31$ using straight line, double$-$declining balance and units of production formulas each