Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $27,000. The estimated useful life was five years and the residual value was $2,500. Assume that the estimated productive life of the machine is 10,000 units. Expected annual production for year 1, 1,900 units; year 2, 2,900 units; year 3, 1,900 units; year 4, 1,900 units; and year 5, 1,400 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) a. Straight-line. Balance Sheet Income Statement Depreciation " Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 2 b. Units-of-production. Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition c. Double-declining-balance. Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 3 4 5 2-a. Which method will result in the highest net income in year 2? O Straight-line o Units-of-production O Double-declining-balance 2-b. Does this higher net income mean the machine was used more efficiently under this depreciation method? o Yes O No