Ivanhoe Company purchased equipment on account on September $3,2022,$ at an invoice price of $$183,000.$ On September $4,2022,$ it paid $$4,000$ for delivery of the equipment. A one$-$year, $$1,910$ insurance policy $4$the equipment was purchased on September $6,$

$2022.$ On September $20,2022,$ Ivanhoe paid $$4,000$ for installation and testing of the equipment. The equipment was ready for use on October $1,2022.$

Ivanhoe estimates that the equipment's useful life will be four years, with a residual value of $$17,500.$ It also estimates that, in terms of activity, the equipment's useful life will be $86,750$ units. Ivanhoe has a September $30$ fiscal year end. Assume that actual usage is as follows:

# of Units

Year Ended September $30$

$15,430$

$2023$

$23,730$

$2024$

$20,030$

$2025$

$28,460$

$2026$Which method would result in the highest profit for the year ended September $30,2024?$

Which method would result in the highest profit over the life$$of$$the$$asset$?$