Required information [The following information applies to the questions displayed below.] Schrade Company bought a machine for $130,000 cash. The estimated useful life was four years and the estimated residual value was $6,240. Assume that the estimated useful life in productive units is 136,000 . Units actually produced were 59,000 in year 1 and 61,000 in year 2 . Required: 1. Determine the appropriate amounts to complete the following schedule. (Round your answers to the nearest dollar amount. Do not round intermediate calculations.) Required information [The following information applies to the questions displayed below.] Schrade Company bought a machine for $130,000 cash. The estimated useful life was four years and the estimated residual value was $6,240. Assume that the estimated useful life in productive units is 136,000 . Units actually produced were 59,000 in year 1 and 61,000 in year 2 . 2a. Which method would result in the lowest Earnings per Share for Year 1? Straight-line Units-of-production 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 Required information [The following information applies to the questions displayed below.] Schrade Company bought a machine for $130,000 cash. The estimated useful life was four years and the estimated residual value was $6,240. Assume that the estimated useful life in productive units is 136,000 . Units actually produced were 59,000 in year 1 and 61,000 in year 2 . 3. Which method would result in the highest amount of cash outflows in year 1 ? Straight-line Units-of-production Double-declining-balance Required information [The following information applies to the questions displayed below.] Schrade Company bought a machine for $130,000 cash. The estimated useful life was four years and the estimated residual value was $6,240. Assume that the estimated useful life in productive units is 136,000 . Units actually produced were 59,000 in year 1 and 61,000 in year 2 . 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)