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Question 3 10 pts Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased

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Question 3 10 pts 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 $5.000. The estimated useful life was the years, and the residual value was $500. Assume that the estimated productive life of the machine is 15.000 hours. Expected annual production is year 14.100 hours year 2. 2.500 hours year 3. 3:400 hours, year 6. 1.800 hours and year S. 3.200 hours Required: 1. Complete a depreciatuon schedule for each of the alternative methods. 1. Straight-line 8. Units of production c. Double-decling balance 2. Assume NGS sold the hydrotherapy tuh system for 52100 at the end of year 3 Prepare the journal entry to account for the disposal of this asset under the three different methods 3. The following amounts were forecast for year 3: Sales Revenues $42.000. Cost of Goods Sold 333.000 Other Operating Expenses 5000, and Interest Expense 5800. Create an income statement for year for each of the different depreciation methods, ending at Tocome Before Income Tax Experie Dany forget to include a loss or gain on disposal for each method

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