Ivanhoe Ltd. purchased a new machine on April 4, 2017, at a cost of $188,000. The company estimated that the machine would have a residual value of $18,000. The machine is expected to be used for 10,000 working hours during its four-year life. Actual machine usage was 1,400 hours in 2014; 2,200 hours in 2015; 2,300 hours in 2016; 2,100 hours in 2017; and 2,000 hours in 2018. Ivanhoe has a December 31 year end.

Calculate depreciation for the machine under each of the following methods: (Round expense per unit to 2 decimal places, e.g. 2.75 and final answers to 0 decimal places, e.g. 5,275.)

(1) Straight-line for 2014 through to 2018.

2014 expense		$enter a dollar amount
2015 expense		$enter a dollar amount
2016 expense		$enter a dollar amount
2017 expense		$enter a dollar amount
2018 expense		$enter a dollar amount

(2) Diminishing-balance using double the straight-line rate for 2014 through to 2018.

2014 expense		$enter a dollar amount
2015 expense		$enter a dollar amount
2016 expense		$enter a dollar amount
2017 expense		$enter a dollar amount
2018 expense		$enter a dollar amount

(3) Units-of-production for 2014 through to 2018.

2014 expense		$enter a dollar amount
2015 expense		$enter a dollar amount
2016 expense		$enter a dollar amount
2017 expense		$enter a dollar amount
2018 expense		$enter a dollar amount

Which method results in the highest depreciation expense over the life of the asset? Highest net income? Highest cash flow? Which method results in the highest net income? Which method results in the highest cash flow?