Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $25,000. 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 for year 1, 2,000 units: year 2, 3,000 units: year 3, 2,000 units: year 4, 2,000 units: and year 5, 1,000 units. Required: Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) Straight-line. Units-of-production. Double-declining-balance. Which method will result in the highest net income in year 2? Units-of-production Straight-line Double-declining-balance Does this higher net income mean the machine was used more efficiently under this depreciation method? Yes No