Ivanhoe Limited purchased a machine on account on April 1, 2021, at an invoice price of $378,380. On April 2. it paid $2,130 for delivery of the machine. A one-year, $3,710 insurance policy on the machine was purchased on April 5. On April 19, Ivanhoe paid $7.920 for installation and testing of the machine. The machine was ready for use on April 30. Ivanhoe estimates the machine's useful life will be five years or 6,054 units with a residual value of $72,200. Assume the machine produces the following numbers of units each year: 893 units in 2021: 1,547 units in 2022; 1,308 units in 2023:1,201 units in 2024 and 1.105 units in 2025. Ivanhoe has a December 31 year end. (1) Straight-line method Year Depreciable Amount Depreciation Expense Accumulated Depreciation Carrying Amour 2021 $ $ $ $ 2022 2023 2024 2025 2026 (2) Double-diminishing-balance method Opening Carrying Amount Year Depreciation Expense Accumulated Depreciation Carrying Amour 2021 $ $ $ $ 2022 2023 2024 2025 2026 (3) Units-of-production method Year Units-of-production Depreciation Expense Accumulated Depreciation Carrying Amount 2021 $ $ $ 2022 1023 2024 2025 Which method causes net income to be lower in the early years of the asset's life