Compare three depreciation methods Newbirth Coatings Company purchased wate

Compare three depreciation methods

Newbirth Coatings Company purchased waterproofing equipment on January 2 2009 for $682000. The equipment was expected to have a useful life of four years
or 6800 operating hours and aresidual value of $56400. The equipment was used for 2600 hours during 2009 2100 hours
in 2010 1200 hours in 2011 and 900 hours in 2012.

Determine the amount of depreciation expense for the years ended December 31 2009 2010 2011 and 2012 by (a) thestraight-line method (b) theunits-of-production method and (c) thedouble-declining-balance method. Also determine the total depreciation expense for the four years by each method. Do not round your
intermediate calculations. Enter all amounts positive numbers.