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 $22,500. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine is 10,000 hours. Expected annual production was year 1, 2,450 hours; year 2, 2,400 hours; year 3, 2,000 hours; year 4, 2,150 hours; and year 5, 1,000 hours.

Journal Entry: 1.Record the disposal of the hydrotherapy tub system for $6,750 in year 3 assuming depreciation was calculated using the straight line method.

2.Record the disposal of the hydrotherapy tub system for $6,750 in year 3 assuming depreciation was calculated using the units-of-production method.

3.Record the disposal of hydrotherapy tub system for $6,750 in year 3 assuming depreciation was calculated using the double-declining method.

Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) a. Straight-line Depreciation Accumulated Depreciation Year At Acquisition Year 1 Year 2 Year 3 Year 4 Year 5 Book Value Expense b. Units-of-production Depreciation Expense Accumulated Book Value Depreciation Year At Acquisition Year 1 Year 2 Year 3 Year 4 Year 5 c. Double-declining-balance Depreciation Accumulated Depreciation Book Value Year At Acquisition Year 1 Year 2 Year 3 Year 4 Year 5 Expense