Madhav Enterprises is the Melbourne's wholesale supplier of lawn mowing supplies 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 $$100,500.$ ?It also paid $$5,800$ ?for freight on the equipment, $$3,200$ ?to prepare the equipment for use in the warehouse. The equipment was estimated to have a residual value of $$5,200$ ?and be used for three years or $26,075$ ?hours. $($Do not round intermediate calculations. Round your final answer to nearest whole dollar.$)$

Complete the following:

A$.$ ?Record the purchase of the equipment, freight, and preparation costs on January $1$ ?of Year $1.(2$ ?marks$)$

B$.$ ?Create a depreciation scheduluassuming Madhav Enterprises uses the straightline method. $(2$ ?marks$)$

C$.$ ?Create a depreciation schedule assuming Madhav Enterprises uses the doubledeclining$-$balance method. $(2$ ?marks$)$

D$.$ ?Create a depreciation schedule assuming Madhav Enterprises uses the units$-$ofproduction method, with actual production of $7,075$ ?hours in Year $1$;$8,900$ ?hours in Year $2$; and $10,100$ ?hours in Year $3.(2$ ?marks$)$

E$.$ ?On December $31$ ?of Year $2$ ?before the year$-$end adjustments, the equipment was sold for $$32,000.$ ?Record the sale of the equipment assuming the company used the straight$-$line method. $(4$ ?marks$)$