On January 1, 2022, Novak Company purchased the following two machines for use in its production process. the machine is 5 years with a $4,400 salvage value remaining at the end of that time period. Assume that the straight-line method of depreciation is used. Machine B: The recorded cost of this machine was $180,000. Novak estimates that the useful life of the machine is 4 years with a $9,500 salvage value remaining at the end of that time period. Prepare the following for Machine A. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) 1. The journal entry to record its purchase on January 1,2022. 2. The journal entry to record annual depreciation at December 31,2022 (1) Novak uses the straight-line method of depreciation. (2) Novak uses the declining-balance method. The rate used is twice the straight-line rate. (3) Novak uses the units-of-activity method and estimates that the useful life of the machine is 155,000 units. Actual usage is as follows: 2022, 52,500 units; 2023,42,500 units; 2024, 32,500 units; and 2025, 27,500 units. Which method used to calculate depreciation on Machine B reports the highest amount of depreciation expense in year 1 (2022)? The highest amount in year 4(2025) ? The highest total amount over the 4-year period