Super saver groceries purchased store equipment for $29,500. super saver estimates that at the end of its 10-year service life, the equipment will be worth $3,500. during the 10-year period, the company expects to use the equipment for a total of 13,000 hours. super saver used the equipment for 1,700 hours the first year. required: calculate depreciation expense of the equipment for the first year, using each of the following methods.
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