Contrast the effects of the three depreciation methods on (1) depreciation expense, (2) net income. (3) accumulated depreciation, and (4) carrying amount in each of the following: (a) the early years of an asset's life, and (b) over the total life of the asset (1) Depreciation Expense 12) Net Income (a) Early years Straight-line Units-of-production Diminishing-balance (b) Total life Straight-line, units- of-production diminishing-balance Contrast the effects of the three depreciation methods on (1) depreciation expense, (2) net income. (3) accumulated depreciation, and (4) carrying amount in each of the following: (a) the early years of an asset's life, and (b) over the total life of the asset (1) Depreciation Expense 12) Net Income (a) Early years Straight-line Units-of-production Diminishing-balance (b) Total life Straight-line, units- of-production diminishing-balance