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Please help [The following information applies to the questions displayed beiow.] Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness

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[The following information applies to the questions displayed beiow.] Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year at a cost of $13,500. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine is 10,000 hours. Expected annual production was year 1, 2,300 hours; year 2,2,450 hours; year 3,2,150 hours; year 4,2,100 hours; and year 5,1,000 hours. 3. Assume NGS sold the hydrotherapy tub system for $4,050 at the end of year 3 . The following amounts were forecast for year 3 : Sales Revenues $51,000; Cost of Goods Sold $40,000; Other Operating Expenses $5,100; and Interest Expense $1,000. Create an income statement for year 3 for each of the different depreciation methods, ending ot Income before Income Tax Expense. (Don't forget to include a loss or gain on disposal for each method.). (Do not round intermediate calculations. Any losses should be indicated with a minus sign. Round your answers to the nearest dollar amount.)

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