Use the Dynamic Exhibit to answer the following questions. Fill in depreciation expense in year 3 under each depreciation method when residual value...

Use the Dynamic Exhibit to answer the following questions.

1. Fill in depreciation expense in year 3 under each depreciation method when residual value is $30,000 and useful life is 3 years:

Depreciation method

1. Straight-line __________
2. Units-of-Output __________
3. Double-declining __________

2. Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is 4 years:

Depreciation method:

Straight-line ________

Units-of-Output __________

Double-declining