Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $28,000. The estimated useful life was five years and the residual value was $3,000. Assume that the estimated productive life of the machine is 10,000 units Expected annual production was year 1, 1900 units, year 2, 2,900 units, year 3.1,900 units year 1. 1.900 units, and year 5.1.400 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. a. Straight-line. b. Units of production, c. Double-declining balance. 2. Which method will result in the highest net income in year 2? Does this higher net income mean the machine was used more efficiently under this depreciation method? Complete this question by entering your answers in the tabs below. Reg IA Regin Reg 1 Reg 2A Reg 20 Complete a depreciation schedule for Straight-line method. (Do not round Intermediate calculations.) Income Statement Balance Sheet Depreciation Year Accumulated Cost Book Valve Expense Depreciation At acquisition 1 2 3 4 5 Reg 10 > 1. Complete a depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining balance. 2. Which method will result in the highest net income in year 2Does this higher net income mean the machine was u efficiently under this depreciation method? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 10 Req 2B Req 2A Complete a depreciation Schedule for Units-of-production method. (Do not round intermediate calculations.) Balance Sheet Income Statement Depreciation Expense Accumulated Depreciation Cost Year Book Value At acquisition 1 2 3 4 5 Req 1C >