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Determine the amount of depreciation expense for the years

Depreciation by Three Methods; Partial Years Razar Sharp Company purchased equipment on July 1, 2014, for $30,510. The equipment was expected to have a useful life of three years, or 5,400 operating hours, and a residual value of $810. The equipment was used for 1,000 hours during 2014, 1,900 hours in 2015, 1,600 hours in 2016, and 900 hours in 2017.

Required: Determine the amount of depreciation expense for the years ended December 31, 2014, 2015, 2016, and 2017, by

(a) the straight-line method,

(b) units-of-output method, and

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Accounting Basics: Determine the amount of depreciation expense for the years

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