Worldwide Incorporated bought a machine for $$75,000$cash. The estimated useful life was five years and the estimated residual value was $$9,000.$ Assume that the estimated useful life in productive units is $162,000.$ Units actually produced were $43,200$ in year $1$ and $48,600$ in year $2.$

Required:

Determine the appropriate amounts to complete the following schedule.

$2-$a$.$ Which method would result in the lowest net income for year $1?$

$2-$b$.$ Which method would result in the lowest net income for year $2?$

Which method would result in the lowest fixed asset turnover ratio for year $1?$

Complete this question by entering your answers in the tabs below.

Req $1$

Req $2A$

Req $2B$

Req $3$

Determine the appropriate amounts to complete the following schedule. $($Do not round intermediate calculations. Round final answers to the nearest whole dollar.$)$

$\backslash$table$[[\backslash$table$[[$Method of Depreciation$],[$Straight$-$line$]],$Depreciation Expense,Book Value at the End of$],[$Year $1,$Year $2,$Year $1,$Year $2],[$$$,13,200,$$$,13,200,$$$,61,800,$$$,48,600],[$Units$-$of$-$production,,,,,,,,$],[$Double$-$declining$-$balance,$$,30,000,$$$,18,000,$$$,45,000,$$$,27,000]]$