ABC Machine Corp. buys a specialty lathe for its metal products with an original equipment purchase price of $42,560. The lathe has an estimated economic life of seven (7) years and an assumed salvage value of $1,540. Expected production over the economic life of the lathe is 726,000 units in the following pattern: Year 1 =76,000 units; Year 2 = 95,000; Years 3-7 = 111,000 units per year Calculate annual depreciation for the specialty lathe, using each of the four depreciation methods: Method Straight line Units of production Sum-of-years'-digits Double declining balance Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Totals Problem #3 Use the DuPont Model to calculate five years of all the relevant ratios (including return on assets) for Netflix, Inc. using the following information: US$ millions Sales revenue 2019 2020 2021 2022 2023 20,156 24,996 29,698 31,616 33,723 Net income 1,867 2,761 5,116 4,492 5,408 Total assets 33,976 39,280 44,585 48,595 48,732 Total shareholders' equity 7,582 11,065 15,849 20,777 20,588