Problem Data: Beayer Builders, Inc. has just purchased a new fork lift. The purchase price of the equipment is $200,000. The company expects to use the equipment for 4 years and estimates the equipment can be sold at the end of 4 years for $20,000 {its residual value}. The accountant for Beayer Builders is trying to decide which depreciation method to use for this equipment: straight-line or units of production. The foreman for the company estimates that the equipment will be used for a total of 1000 hours. The estimated number of hours per year are: year 1 2,100 year 2 1,800 year 3 1,600 year 4 1,500 Requirement 1: Based on the above information, prepare a schedule showing the amount of depreciation expense and total accumulated depreciation under each method. (Round amounts on the table to the nearest whole number.) Straight-Line Depreciation Method Depreciation Expense Accumulated Depreciation Balance