Ivanhoe Company purchased equipment on March 31, 2021. at a cost of $264,000. Management is considering the merits of uting the diminishing balance or units-ot-production method of depreciation instead of the straight-line method, which is currently uses for other equipment. The new equipment has an estimated residual value of $3.000 and an estimated useful life of either four years or 80,000 units. Demand for the products produced by the copment is sporadic so the equipment will be used more in some years than in others. Assume the equipment produces the following number of units each year: 14.600 units in 2021:20.600 units in 2002, 19,800 units in 2023:20,000 units in 2024; and 5.000 units in 2025. Ivanhoe has a December 31 year end Straight line method Depreciable Amount Depreciation Year Acced Depreciation 2021 2022 2020 2024 2021 Double-diminishing-balance method: Opening Carrying Amount Year Depreciation Expense Accumulated Depreciation Carrying Amount 2021 $ 2022 2023 1 2024 2025 INO Units-of-production method: Year Units-of-Production Depreciation Expense Accumulated Depreciation Carrying Amount 2021 2022 2023 1 2024 2025