4 5 Doint 3,100 units: year 3. 2.100 units: year 4.2.100 units; and year 5, 600 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. a. Straight line b. Units-of-production c. Double declining balance. 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? Hot Complete this question by entering your answers in the tabs below. References RGIA Reg 1 Regic A 2A 20 Complete a depreciation schedule for straight line method. (Do not round Intermediate calculations) come Balance Sheet Accumulated Depreciation Depreciation Exponse Year Con Book Value At acquisition 1 2 4 S Req 18> 4 3.100 units: year 3, 2,100 units, year 4. 2.100 units, and year 5,600 units. 5 points Required: 1. Complete a depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production c. Double declining balance 2. Which method will result in the highest net income in year 22 Does this higher net income mean the machine was used more efficiently under this depreciation method? ebook Hint Complete this question by entering your answers in the tabs below. o Reference 1A Reg 10 Rec RAGA Red 20 Complete a depreciation schedule for Unite of production method. (Do not round Intermediate calculations, Income Balance Sheet Statement Depreciation Yeni Accumulated CON Book Value Epe Depreciation At acquisition 1 2 4 5 Reg 1A Reg 10 > 4. 3.100 units: year 3, 2.100 units: year 4, 2,100 units; and year 5.600 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. n. Straight line b. Units of production. c. Double-declining balance. 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? Bool HI Complete this question by entering your answers in the tabs below. ce Reg 1A Red Regic Reg 2 Reg 2 Complete a depreciation schedule for Double-declining balance method. (Do not round Intermediate calculations. Round Minal answers to the nearest whole collar) Income Statement Depreciation Expune Balance Sheet Accumulated Depreciation Year Cost Book Value At acquisition 1 2 3 4 6 4 Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $40,000. The estimated useful life was five years and the residual value was $4,500. Assume that the estimated productive life of the machine is 10,000 units Expected annual production was year 1, 2,100 units year 2. 3100 units year 3 2100 units year 4.2.100 units and year 5 600 units. DO GEN Required: 1. Complete a depreciation schedule for each of the alternative methods o. Straight lines b. Units of production c. Double declining balance 2. Which method will result in the highest net income in year 22 Does this higher net income mean the machine was used more efficiently under this depreciation method Hie P Det Complete this question by entering your answers in the tabs below RIA R Regie which method will result in the highest net income in year 2 ooo U of production Double declining balance 4 Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $40,000. The estimated useful life was five years and the residual value was $4,500. Assume that the estimated productive life of the machine is 10,000 units. Expected annual production was year 1, 2,100 units: year 2. 3.100 units: year 3, 2100 units, year 4.2,100 units, and year 5.600 units. no Required: Hit 1. Complete a depreciation schedule for each of the alternative methods. a. Straight-line. b. Units of production c. Double declining-balance. 2. Which method will result in the highest net income in year 22 Does this higher net income mean the machine was used more efficiently under this depreciation method? Print complete this question by entering your answers in the tabs below: Red P 18 Red R Reg 2 Does this higher netcome mean the machine was used more effidently under this depreciation method Yes No