A machine that produces cellphone components is purchased on January 1, 2020, for $112.000. It is expected to have a useful life of four years and a residual value of $10,000. The machine is expected to produce a total of 200,000 components during its life. distributed as follows: 40,000 in 2020, 50,000 in 2021, 60,000 in 2022 and 50,000 in 2023. The company has a December 31 year end. Calculate the amount of depreciation to be charged each year, using each of the following methods: 1. Straight-line method Straight-line method depreciations per year it. Units-of-production method (Round depreciation per unit to 2 decimal places, es. 15.25 and final answer to decimal places 28. 1250) Units-ot-production method depreciation $ per unit Year 2020 $ 2021 S 2022 $ 2023 $ Hl. Double-diminishing-balance method Rate Year 2020 $ 2021 $ 20225 2023 5 Which method results in the highest depreciation expense: during the first two years? i over all four years