PlasticWorks Corporation bought a machine at the beginning of the year at a cost of $$16,900.$ The estimated useful life was five years,

and the residual value was $$2,700.$ Assume that the estimated productive life of the machine is $14,200$ units. Expected annual

production was: year $1,4,400$ units; year $2,4,400$ units; year $3,2,700$ units; year $4,1,420$ units; and year $5,1,280$ units.

Required:

Complete a depreciation schedule for each of the alternative methods. $($Enter all values as positive amount.$)$

a$.$ Straight$-$line.

b$.$ Units$-$of$-$production.

c$.$ Double$-$declining$-$balance.

$2-$a$.$ Which method will result in the highest net income in year $2?$

Units$-$of$-$production

Double$-$declining$-$balance

Straight$-$line

$2-$b$.$ Does this higher net income mean the machine was used more efficiently under this depreciation method?

No

Yes