The Hartley Clinic purchased a new surgical laser for $90,000. The estimated salvage value is $5,000. The laser has a useful life of five years and the clinic expects to use it 10,000 hours. It was used 1,600 hours in year 1; 2,200 hours in year 2; 2,400 hours in year 3; 1,800 hours in year 4; 2,000 hours in year 5. Compute the annual depreciation for each of the five years under straight-line and units-of- activity methods. Year 1 $ Year 2 Straight-line Units-of-Activity 17000 $ 13600 17000 18700 Year 3 17000 20400 Year 4 17000 Year 5 17000 15300 17000 Total $ 85000 $ 85000 Which method would result in the lowest reported income in the first year? Which method would result in the lowest total reported income over the five-year period?