c. Double-declining-balance. Income Statement Balance Sheet Depreciation Year Expense Cost Lost Accumulated Book Value Depreciation Depreciation Book Va At acquisition 2-a. Which method will result in the highest net income in year 2? Units-of-production Straight-line Double-declining-balance 2-b. Does this higher net income mean the machine was used more efficiently under this depreciation method? Yes No Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $25,000. The estimated useful life was five years and the residual value was $3.000. Assume that the estimated productive life of the machine is 10.000 units. Expected annual production for year 1. 2.000 units wear 2. 3.000 units: year 3, 2,000 units: year 4, 2,000 units, and year 5. 1.000 units. Required: Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) a. Straight-line. Statement Balance Sheet Year Cost Accumulated at Depreciation Expense Depreciation Book Value At acquisition 2 b. Units-of-production Income Statement Balance Sheet Accumulated Book Value Year Depreciation Cost Expense Depreciation 50 At acquisition