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Waylander Coatings Company purchased waterproofing equipment on lanuary 6 for $311,400,...

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Accounting

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Waylander Coatings Company purchased waterproofing equipment on lanuary 6 for $311,400, The equioment was expocted to have a usefut life of four years, or 6,800 operating 2,600 hours during Year 1,2,100 hours in Year 2,1,200 hours in Year 3 , and 900 hours in Year 1. Required: 1. Determine the amount of depreclation expense for the years ended December 31, Year 1 , Year 2, Year 3, and Year 4, by (a) the straight-line niethod, (b) the inits-of-activity the total depreciation expense for the four years by each method. Note: Round the answer for each year to the nearest whole doliar. 3. What method ylelds the most depreciation over the four-year sfe of the equipment

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