On January 1, 2018 Friendly Farm Company purchased a new machine at a cost of $350,000. The machine has an estimated useful life of 4 years or 100,000 hours and residual value of $30,000. The machine will be used 30,000 hours in year 1, 40,000 hours in year 2, 20,000 hours in year 3 and 10,000 hours in year 4. Requirements: Prepare a depreciation schedule using each of the three methods: Straight line, Units of Production and Double Declining Balance. You may use the template I have attached here or you may create your own depreciation schedules using your textbook as a guideline. SL UOP DDB Date Asset Cost Depreciation for the Year Deprecition Number of Depreciation per Unit Units Expense Accumulated Depreciation Book Value SLUOP DDB Sheet3 Date Asset Cost Book Value Depreciation for the Year DDB Depreciation Rate Expense Accumulated Depreciation Book Value