Madhav Enterprises is Melbourne's wholesale supplier of lawn mowing splies and equipment. Assume Madhav Enterprises purchased for cash new loading equipment for the warehouse on January 1 of Year 1. at an invoice price of $93,000. It also paid $4,800 for freight on the equipment, $2,700 to prepare the equipment for use in the warehouse. The equipment ivas estimated to have a residual value of $4,700 and be used for three years or 23.950 hours. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Using the information above and the templates below, complete the following: A. Record the purchase of the equipment, freight, and preparation costs on January 1 of Year 1. (2 marks available) B. Create a depreciation schedule assuming Madhav Enterprises uses the straight-line method. (2 marks available) C. Create a depreciation schedule assuming Madhav Enterprises uses the double-decliningbalance method. ( 2 marks available) D. Create a depreciation schedule assuming Madhav Enterprises uses the units-of-production method, with actual production of 9,500 hours in Year 1; 8,900 hours in Year 2; and 5,550 hours in Year 3. ( 2 marks available) E. On December 31 of Year 2 before the year-end adjustments, the equipment was sold for $29,500. Record the sale of the equipment assuming the company used the straight-line method. ( 2 marks available)