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please make it clear!!! Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $40,000. The estimated useful life

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Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $40,000. The estimated useful life was five years and the residual value was $4,500. Assume that the estimated productive life of the machine is 10,000 units. Expected annual production was year 1, 2,100 units; year 2, 3,100 units: year 3, 2,100 units; year 4, 2,100 units; and year 5,600 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production c. Double-declining-balance. 2. Which method will result in the highest net income in year 2? Does this higher net income mean the machine was used more efficiently under this depreciation method? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 1C Req 2A Reg 2B Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 2A Req 2B Complete a depreciation schedule for Straight-line method. (Do not round intermec Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 2 3 4 5 Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 1C Reg 2A Reg 2B Complete a depreciation schedule for Units-of-production method. (Do not round intermediate calculations.) Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 2 3 4 5 Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Regic Req 2A Req 2B Complete a depreciation schedule for Double-declining-balance method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.) Income Statement Balance Sheet Depreciation Accumulated Year Book Value Expense Depreciation At acquisition Cost 1 2 3 4 5

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