Nicoles Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year at a cost of $5,700. The estimated useful life was five years, and the residual value was $400. Assume that the estimated productive life of the machine is 17,800 hours. Expected annual production is: year 1, 4,800 hours; year 2, 2,850 hours; year 3, 4,100 hours; year 4, 2,150 hours; and year 5, 3,900 hours. Required: 1. Complete a depreciation schedule for each of the alternative methods. (Enter all values as positive amount. Round your final answers to nearest whole dollar amount.) a. Straight-line

b. Units-of-production

c. Double-declining-balance

2. Assume NGS sold the hydrotherapy tub system for $2,350 at the end of year 3. Prepare the journal entry to account for the disposal of this asset under the three different methods. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Straight-line method:

Units-of-production method:

Double-declining-balance method:

3. The following amounts were forecast for year 3: Sales Revenues, $49,000; Cost of Goods Sold, $36,500; Other Operating Expenses, $4,700; and Interest Expense, $870. Create an income statement for year 3 for each of the different depreciation methods, ending at Income before Income Tax Expense. (Dont forget to include a loss or gain on disposal for each method.) (Do not round intermediate calculations. Round depreciation expense to the nearest whole number.)