need answer for depreciation expense, accumulated depreciation, and book value in Year 5

2 emcienty under this depreciation menu Complete this question by entering your answers in the tabs below. 4 points Req 1A Req 1B Req 10 Req ZA Req 28 eBook Complete a depreciation schedule for Double-declining-balance method. (Do not round intermediate calculatic answers to the nearest whole dollars.) Hint Print Balance Sheet References Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 $ 2 11,600 $ 6,960 4,176 2,506 29,000 $ 29,000 29,000 29,000 29,000 11,600 18,560 22,736 25,242 17,400 10,440 6,2641 3 4 3,758 5 Check my Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $29,000. The estimated useful life was five years and the residual value was $3,500. Assume that the estimated productive life of the machine is 10,000 units. Expected annual production was year 1, 2,000 units; year 2, 3,000 units; year 3, 2,000 units; year 4, 2,000 units; and year 5, 1,000 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production c. Double-declining balance. 2. Which method will result in the highest net income in year 2? Does this higher net income mean the machine was used more efficiently under this depreciation method? sok rences Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Reg 10 Reg 2A Reg 26 Complete a depreciation schedule for Double-declining-balance method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.) Income Statement Balance Sheet Year Depreciation Cost Accumulated Expense Depreciation Book Value At acquisition 1 $ 11,600 s 29,000 s 11,600 17.400 2 6,960 29.000 18.560 10.440