Pearl Manufacturing, Inc. purchased a new piece of manufacturing equipment at a total acquisition cost of $2,800,000 on January 4 of the current year. The firm estimates that the equipment has a useful life of 10 years or 13,350.000 units of output and a residual value of $130,000 at the end of its useful life. The following schedule indicates the actual number of units output with the machine per year Click the icon to view the schedule.) Read the requirements book value equal to the scrap value.) Units End-of-Year Depreciation Original Accumulated Output Unit Expense Depreciation (NBV) 1,700,000 Rate End-of-Year of per Net Book Value Year Cost 1 2 3 7 8 9 10 Total iece of manufacturing equipment at a total acquisition cost of $2,800,000 on JE of 10 years or 13,350,000 units of output and a residual value of $130,000 at 3 output with the machine per year. - Data table Year Units of Output Year Units of Output 1 6 2 7 3 1.700,000 1.700,000 1,600,000 1,600,000 1,400,000 8 1,400,000 1,300,000 1,300,000 1,210,000 1,210,000 4 9 5 10 Print Done ages Get more help Cle NOV 18 etv s F % & Requirements Prepare the depreciation schedules for the manufacturing equipment assuming that Pearl used the following methods (each case is independent): a. Straight-line method b. Units-of-output method C. Double-declining balance method (Reduce the depreciation expense in the last year to the necessary amount to arrive at an ending book value equal to the scrap value.) d. Pearl sells the manufacturing equipment at the end of year 5 for $1,111,000. What is the gain or loss on sale under each of the depreciation methods in parts (a)-(c) above? Print Done