documents the fent yeac, wher ahnual peocessing decreasing by 2,500 documents during boch of the next four years (that is, 32,500 documients in 2022,30,000 documents in 2023 : and so on f For hel places tor the depreoision amount per document. Resed ene Requirements 1. For each of the generally accepted depreciation methods, prepare a depreciation schedule showing asset cost, depreciation expense, accumulated depreciation, and asset book value. 2. For financial reporting purposes, Brown uses the depreciation method that maximizes reported income in the early years of an asset's use. For income tax purposes, the company uses the depreciation method that minimizes income tax payments in those early years. Consider the first year Brown Co. uses the computer. Identify the depreciation methods that meet Brown's objectives, assuming the income tax authorities permit the use of any of the methods. 3. Net cash provided by operations before income tax is $158,000 for the computer's first year. The company's income tax rate is 35%. For the two depreciation methods identified in requirement 2 , compare the net income and net cash provided by operations (cash flow). Show which method gives the net income advantage and which method gives the cash flow advantage