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of-production, and double-diminishing-balance). Requirement 1. Prepare a depreciation schedule for each of the three depreciation methods listed showing asset cost, depreciation expense, accumulated depreciation, and asset carrying amount. Useful life, in units of production =(SL) Depreciation Rate =66,000 =(SL) Depreciation Rate = 66,000 amounts to the nearest whole dollar.) all other amounts to the nearest whole dollar.) Complete the Double-Diminishing-Balance Depreciation Schedule. Begin by filling out the schedule through 2021 , and all other amounts to the nearest whole dollar.) computer system. Identify the depreciation method that meets the company's objectives. Discuss the advantages of each depreciation method. The depreciation method that maximizes reported income in the first year of the computer's life is the method, which produces the lowest depreciation for that year. The straight-line method allocates the cost of the asset over its estimated useful life. The units-of-production method would allocate of the cost of the asset to each of the documents produced. This method would match The double-diminishing-balance method would allocate of the cost of the asset to the of its useful life when the computer would be at its useful and competitive stage. If the estimated life is than anticipated due to a efficient computer being developed, this would be the most appropriate depreciation method. This method would minimize income as it produces the highest depreciation for the year