Fern Incorporated bought a machine for $61,000 cash. The estimated useful life was five years and the estimated residual value was $7,000. Assume that the estimated useful life in productive units is 156,000 Units actually produced were 41,600 in year 1 and 46,800 in year 2 Required: 1. Determine the appropriate amounts to complete the following schedule. 2-a. Which method would result in the lowest net income for year 1? 2-b. Which method would result in the lowest net income for year 2? 3. Which method would result in the lowest fixed asset turnover ratio for year 12 Complete this question by entering your answers in the tabs below. Req1 Reg 2A Reg 28 Reg 3 Determine the appropriate amounts to complete the following schedule. (Do not round intermediate calculations, Round final CI Req 1 Reg 2A Req 2B Req 3 Determine the appropriate amounts to complete the following schedule. (Do not round intermediate calculations, Round final answers to the nearest whole dollar.) Method of Depreciation Depreciation Expense Book Value at the End of Year 1 Year 2 Year 1 Year 2 Straight-line 10,800 $ 10,800 s 50,200 $ 39,400 Units-of-production Double-declining-balance $ 24,400 $ 14,640 s 36,600 s 21,960 $ (Reg Req2A >