Current Attempt in Progress Contrast the effects of the three depreciation methods on (1) depreciation expense, (2) net income. (3) accumulated depreciation, and (4) carrying amount in each of the following: (a) the early years of an asset's life, and (b) over the total life of the asset. (1) Depreciation Expense (2) Net Income (a) Early years Straight-line Units-of-production Diminishing-balance (b) Total life Straight-line, units- of-production, diminishing-balance eTextbook and Media