Oriole Ltd. purchased a new machine on April 4, 2017, at a cost of $168,000. The company estimated that the machine would have a residual value of $18,000. The machine is expected to be used for 10,000 working hours during its four-year life. Actual machine usage was 1,500 hours in 2017; 2,100 hours in 2018; 2,200 hours in 2019;2,300 hours in 2020; and 1,900 hours in 2021. Oriole has a December 31 year end. (a) Your answer is correct. Calculate depreciation for the machine under each of the following methods: (Round expense per unit to 2 decimal places, e.g. 2.75 and final answers to 0 decimal places, e.g. 5,275.) (1) Straight-line for 2017 through to 2021. (2) Diminishing-balance using double the straight-line rate for 2017 through to 2021. (3) Units-of-production for 2017 through to 2021. 2017expense2018expense2019expense2020expense2021expense$$$$$ eTextbook and Media Attempts: 1 of 15 (b) Which method results in the highest depreciation expense over the life of the asset? Highest net income? Highest cash flow? Which method results in the highest net income? Which method results in the highest cash flow