Torge Company bought a machine for $71,000 cash. The estimated useful life was five years and the estimated residual value was $8,000. Assume that the estimated useful life in productive units is 159,000. Units actually produced were 42,400 in year 1 and 47,700 in year 2 Required: 1. Determine the appropriate amounts to complete the following schedule. (Do not round intermediate calculations.) Depreciation Expense for Year 1 Year 2 Book Value at the End of Year 1 Year 2 Method of Depreciation Straightine Units-of-production Double-declining balance 2-a. Which method would result in the lowest net income for year 1? Units-of-production Double-declining balance Straight line 2. Which method would result in the lowest net income for year 27