Requirement 2. Grayzka Enterprises, Inc. prepares financial statements using the depreciation method that reports the highest income in the early years of asset use. For income tax purposes, the company uses the depreciation method that minimizes income taxes in the early years. Consider the first year Grayzka Enterprises, Inc. uses the equipment. Identify the depreciation methods that meet Grayzka Enterprises' objectives, assuming the income tax authorities permit the use of any method. The depreciation method that maximizes reported net income in the first year of the computer's life is the method, which produces thedepreciation for that year. The method that V method, which produces the minimizes income taxes in the first year is the depreciation amount for that year. Requirement 3. Show how Grayzka Enterprises, Inc., would report equipment on the December 31, 2016, balance sheet for each depreciation method SL UOP DDB December 31, 2016