There are four problems. Each one is worth the score indicated next to the problem number Show all work for complete credit. You may attach extra pages if you v. desire. be NEAT when writing your answers. I cannot grade illegible answers. Problems portion of the test is worth a total of 30 points. 1. Brenan. Inc. purchased equipment at the beginning of 2004 for S2.100,000. Brenan. The equipment has an estimated residual value (value) of S100.000 and an estimated life of 5 years or 100.000 hours of operation. The machinery was operated for 15.000 hours in 2004,20.000 hours in 2005. 35.000 hours in 2006. 20.000 hours in 2007. and 10,000 hours in 2O08. Create a depreciation schedule for each of the following depreciation methods for the 2004 to 2008:1. Straight-line depreciation method 2. Units-of-production method 3. Double-declining-balance depreciation method a. Straight-Line b. Units-of-Production c. Double-Declining Balance