Cargowing and record C Comparing the Depreciation Methods Dexter Trustres purchased packaging equipment on January...
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Accounting
Cargowing and record C Comparing the Depreciation Methods Dexter Trustres purchased packaging equipment on January for $523,200. The coupment was expected to have a useful life of four years or 9,600 operating hours, and are value of $43,200. The equipment was used for 3,360 hours during Year 1, 2,016 hours in Year 2, 2.665 hours in Year, and 1.536 hours in Year 4. Required: 1. Determine the amount of depreciation expense for the four years ending December 31 by (a) the straight-line method (o) the units of activity method, and (c) the double-decinino-balance method. Also determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest whole dollar Double-Declining- Balance Method

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