Question: Please help with the Double-Declining Balance Method portion and if you see any other wrong answer please fix it! thanks so much! Comparing Three Depreciation
Comparing Three Depreciation Methods Dexter industries purchased packaging equipment on. Jandary 8 for $204,000. The equipment was expected to have a useful life of four years, or 5,200 operating hours, and a reloual yalue of $16,800. The equipment was used for 1,820 hours during Year 1,1,092 hours in Year 2,1,456 hours in Year 3 , and 832 hours in Year 4. Requiredt 1. Determine the amount af depreciabion expense for the four years ending December 31 by (a) the strashi-line method, (b) the units-of activity method; and (c) the double-dedining bolance method. Aso determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest. whole dollar. 2. What method yields the hlahest debreclation expense for Year 17 3. What method ylelas the most depreciation over the fouryear life of the equsment
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