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Mountainview Resorts purchased equipment for $33,000. Residual value at the end of an estimated four-year service...

Mountainview Resorts purchased equipment for $33,000. Residual value at the end of an estimated four-year service life is expected to be $6,800. The machine operated for 1,100 hours in the first year and the company expects the machine to operate for a total of 8,000 hours over its four year life. Calculate depreciation expense for the first year using each of the following depreciation methods: (1) straight-line, (2) double-declining-balance, and (3) activity-based. (Round your intermediate calculations to 2 decimal places.)

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