1 Time: 02:58 PM / Remaining: 129 min ON BACK NEXT Question 52 Wildhorse Ltd. purchased a new machine on April 4, 2014, at a cost of $172,800. The company estimated that the machine would have a residual value of $18,000. The machine is expected to be used for 9,000 working hours during its four year life. Actual machine usage was 1,300 hours in 2014; 2,000 hours in 2015; 2,100 hours in 2016; 1,900 hours in 2017; and 1,700 hours in 2018. Wildhorse has a December 31 year end. Calculate depreciation for the machine under each of the following methods: (Round expense per unit to 2 decimal places, e.g. 2.75 and final answers to o decimal places, e.g. 5,275.) (1) Straight-line for 2014 through to 2018. 2014 expenses 38700 2015 expense 38700 2016 expenses 38700 2017 expenses 38700 2018 expenses n il (2) Diminishing-balance using double the straight-line rate for 2014 through to 2018. 2014 expense $ 86400 2015 expenses 43200 2016 expense 21600 2017 expense 10800 2018 expense 5400 Time: 02:58 PM / Remaining: 129 2018 expense 5400 (3) Units-of-production for 2014 through to 2018 2014 expense 24960 2015 expenses 38400 2016 expenses 40230 2017 expenses 36480 2018 expenses 32640 t oma t o Which method results in the highest depreciation expense over the life of the s Which method results in the highest net income? Which method results in the highest cash flow