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Deprecation by Three Methods: Partial Years Perdue Company purchased equipment on October 1 for $54,880. The equipment was expected to have a useful life of three years, or 7,600 operating hours, and a residual value of $1,580. The equipment was used for 1,400 hours during Year 1, 2,700 hours in Year 2, 2,300 hours in Year 3, and 1,200 hours in Year 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2 Year), and Year 4, by o) the straight-line method, (b) the units-of-active method. and (c) the double-declining-balance method. Note: Round alt firal values for each depreciation method and each year to the nearest whole dollar. a. Straight-line method Year Amount Year 1 Year 2 Year 3 b. Units-of-activity method Amount Year Year 1 Year 2 Year Year 4 c. Double- ding-balance method Pro Dry Work Choy es Note: Round all final values for each depreciation method and each year to the nearest whole dollar 29.01. ALGO a. Straight-line method Year 09.02.ALGO Amount Year 1 0903. ALGO Year 2 09.04.ALGO Year 3 Year 4 09.05.ALGO 5.09.06. ALGO b. Units-of-activity method Year Amount 5.09 07.ALGO Year 1 Year 2 E.09.08.ALGO Year 3 Year 4 SE.09.09. ALGO c. Double-declining balance method Year Amount PR.09.02B.ALGO PR 09,03B ALGO Year 1 Year 2 Year 3 Year 4 Check My Work more Check My Work uses renang Progress: 1 items All work saved sign Score: 17.00