value will be $$6,000.$ The equipment operated for $675$ hours the first year, $2,025$ hours the second year, $2,700$ hours the third year, and $1,350$ hours the fourth year.

Read the requirements.

Requirement $1.$ Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equ computations. Note: Three depreciation schedules must be prepared.

Begin by preparing a depreciation schedule using the straight$-$line method.

Straight$-$Line Depreciation Schedule

$\backslash$table$[[$Date$,\backslash$table$[[$Asset$],[$Cost$]],$Depreciation for the Year,$\backslash$table$[[$Accumulated$],[$Depreciation$]],\backslash$table$[[$Book$],[$Value$]]],[$Depreciable$,,$Useful,,Depreciation$],[$Cost$,,$Life,$-,$Expense$],[1-2-2024,33000,,\backslash$table$[[+],[$