Question: year service tife is expected to be $ 4 , 0 0 0 . The company expects the equipment to operate for 2 0 ,

year service tife is expected to be $4,000. The company expects the equipment to operate for 20,000 hours. The equipment operated for 2,700 and 3,500 hours in 2024 and 2025, respectively.
Required:
a. Calculate depreciation expense for 2024 and 2025 using straight-line method.
b. Calculate depreciation expense for 2024 and 2025 using double-declining-balance method.
c. Calculate depreciation expense for 2024 and 2025 using units-of-production using hours operated.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Required C
Calculate depreciation expense for 2024 and 2025 using straight-line method.
\table[[Straight-Line Depreciation],[,Choose Numerator:,,Choose Denominator:,=,Annual. Depreciation],[Formula,Cost minus Residual,,,=,Annual Depreciation],[Amounts,T,,,=,0],[,Annual Depreciation,,,,],[2024,Z,,,,-],[2025,,,,,]]
 year service tife is expected to be $4,000. The company expects

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