DEF Computer Manufacturing purchased a new Assembly Macine o of year 1. The assembly machin useful life of six years. The assembly machine is expected to hours in year 1, 40,200 i 17,475 in year 6. e has an estimated residual value of $20,000 and an estimated last 180,000 hours. It was used 45,000 in year 2, 40,125 in year 3, 20,000 in year 4, 17,200 in year 5, and REQUIRED 1. Compute th the six years (round to the nearest dollar where necessary) under each of the follow- ing methods: (a) straight-line, (b) production, and (c) double-declining-balance. e annual depreciation and carrying value for the new assembly machine for each of 2. If the assembly machine is sold for $115,000 after year 3, what would be the amount of gain or loss under each method? (Note: Round depreciation rate to two decimal places) 3. Do the three methods differ in their effect on the company's profitability? Do they differ in their effect on the company's operating cash flows? Explain 4. On the supplied blank general journal make the appropriate entry to reflect the sale of t machine using the straight line method as stated in Requirement #2. No date is necessary Provide a brief explanation. C You must answer all four questions