A machine that produces cellphone components is purchased on January 1, 2024, for $181,000. It is expected to have a useful life of four years and a residual value of $12,000. The machine is expected to produce a total of 200,000 components during its life. distributed as follows: 40,000 in 2024, 50,000 in 2025, 60,000 in 2026, and 50,000 in 2027. The company has a December 31 year end. (a) Calculate the amount of depreciation to be charged each year, using each of the following methods: 1. Straight-line method Straight-line method depreciation $ 42250 per year il. Units-of-production method (Round depreciation per unit to 3 decimal places, eg, 15.257 and depreciation expense to O decimal ploces e 1251 ii. Units-of-production method (Round depreciation per unit to 3 decimal places, eg. 15.257 and depreciation expense to O decimal places, e.g. 125.) Units-of-production method depreciation $ per unit Year Depreciation Expense 2024 $ 2025 $ 2026 $ 2027 $ iii. Double-diminishing-balance method Rate Year 2024 $ Depreciation Expense 2025 $ 2026 $ 2027 $ % Which method results in the highest depreciation expense: i. during the first two years? ii. over all four years?