The following information applies to the questions displayed below.) Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year at a cost of $7,000. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine is 13,000 hours. Expected annual production was year 1, 3,100 hours, year 2. 2.500 hours, year 3, 3,400 hours, year 4, 2.200 hours, and year 5, 1,800 hours. 3. Assume NGS sold the hydrotherapy tub system for $2,100 at the end of year 3.The following amounts were forecast for years. Sales Revenues $42.000. Cost of Goods Sold $33.000; Other Operating Expenses $4,000, and Interest Expense $800. Create an income statement for year 3 for each of the different depreciation methods, ending at Income before Income Tax Expense. (Don't forget to include a loss or gain on disposal for each method) (Do not round Intermediate calculations.) NICOLES GETAWAY SPA Forecasted Income statement For the Year Ended Year) Straight-Line Units of Production Double Declining Balance Sales Revue Cost of Goods Sold Gross Profit Operating Expenses Depreciation Expense 0 0 NICOLE'S GETAWAY SPA (Forecasted) Income Statement For the Year Ended Year 3 Straight-Line Units-of- Production Double- Declining Balance Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Depreciation Expense 0 0 Total Operating Expenses 0 0 Income before Income Tax Expense 0 0