2-a. Which method would result in the lowest net income for year 1?

A.Units-of-production

B.Straight-line

C.Double-declining-balance

2-b. Which method would result in the lowest net income for year 2?

A.Units-of-production

B.Straight-line

C.Double-declining-balance

Which method would result in the lowest fixed asset turnover ratio for year 1?

A.Units-of-production

B.Double-declining-balance

C.Straight-line

Torge Company bought a machine for $68,600 cash. The estimated useful life was five years, and the estimated residual value was $6,200. Assume that the estimated useful life in productive units is 156,000. Units actually produced were 41,200 in year 1 and 46,800 in year 2. Required: 1. Determine the appropriate amounts to complete the following schedule. Depreciation Expense for Book Value at the End of Method of Depreciation Year 1 Year 2 Year 1 Year 2 Straight-line Units-of-production Double-declining-balance