Required information [The following information applies to the questions displayed below.] 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 $13,000. The estimated useful life was five years and the residual value was $1,000. Assume that the estimated productive life of the machine is 10,000 hours. Expected annual production was year 1, 2,250 hours; year 2, 2,400 hours; year 3, 2,250 hours; year 4, 2,100 hours; and year 5,1,000 hours. - Assume NGS sold the hydrotherapy tub system for $3,900 at the end of year 3 . Prepare the journal entry to account for the disposal of this asset under the three different methods. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest dollar amount.) Journal entry worksheet Record the disposal of the hydrotherapy tub system for $3,900 in year 3 assuming depreciation was calculated using the straight-line method. Note: Enter debits before credits. Journal entry worksheet Record the disposal of the hydrotherapy tub system for $3,900 in year 3 assuming depreciation was calculated using the units-of-production method. Note: Enter debits before credits. Journal entry worksheet Record the disposal of hydrotherapy tub system for $3,900 in year 3 assuming depreciation was calculated using the double-declining method. Note: Enter debits before credits. 3. Assume NGS sold the hydrotherapy tub system for $3,900 at the end of year 3 . The following amounts were forecast for year 3 : Sales Revenues $50,000; Cost of Goods Sold $39,000; Other Operating Expenses $5,000; and Interest Expense $1,000. Create an income statement for year 3 for each of the different depreciation methods, ending at 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.)