252Fnewconnect meducation.com Homework Seved Help Save & Exit 5 Check my E9-6 Computing Depreciation under Alternative Methods [LO 9-3) Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $31.000. The estimated useful life was five years and the residual value was $3,000. Assume that the estimated productive life of the machine is 10.000 units Expected annual production was year 12.000 units year 2, 3,000 units; year 3, 2,000 units, year 4, 2,000 units; and year 5. 1000 units. Required: 1. Complete a depreciation schedule for each of the alternative methods, a. Straight-line b. Units-of-production 2. Which method will result in the highest net income in year 2? Does this higher net income mean the machine was used more efficiently under this depreciation method? Complete this question by entering your answers in the tabs below. Req1A Reg 1B Reg 2A Reg 28 Req 1A Req 1B Reg 2A Reg 2B 10 points Complete a depreciation schedule for Straight-line method. (Do not round intermediate calculations.) Balance Sheet eBook Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 Print References 2 3 4 5 * Red Reg 1B > Reg 1A Req 1B Req 2A Reg 2B Complete a depreciation schedule for Units-of-production method. (Do not round intern Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 2 3 4 5