Required information {The following information applies to the questions displayed below.) Schrade Company bought a machine for $108,000 cash. The estimated useful life was four years and the estimated residual value was $8,000. Assume that the estimated useful life in productive units is 125,000. Units actually produced were 48,000 in year 1 and 50,000 in year 2. 2a. Which method would result in the lowest Earnings per Share for Year 1? Straight-line Units-of-production O Double-declining-balance 2b. Which method would result in the lowest Earnings per Share for Year 2? Straight-line Units-of-production Double-declining-balance 3. Which method would result in the highest amount of cash outflows in year 1? Straight-line Units-of-production O Double-declining-balance 4. Indicate the effects of (a) acquiring the machine and (b) recording annual depreciation on the operating and investing activities sections of the statement of cash flows (Indirect method) for year 1 (assume the straight-line method). cash provided by (a) The machine acquisition would activities by the cost of the cash provided by (b) The depreciation cont would activities by