E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $26,000. The estimated useful life was four years, and the residual value was $2,900. Assume that the estimated productive life of the machine was 10,500 hours. Actual annual usage was 4,200 hours in Year 1: 3,150 hours in Year 2; 2,100 hours in Year 3; and 1,050 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req1C Complete a depreciation schedule using the Straight-line method. (Do not round intermediate calculations.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 Reg 1A Req 1B > Req 1A Reg 1B Reg 1C Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output factor. Do not round intermediate calculations.) Year Depreciation Accumulated Net Expense Depreciation Book Value At acquisition 2 3 4 Reg 1A Reg 1B Req 1C Complete a depreciation schedule using the double-declining-balance method. (Do not round intermediate calculations.) Year Depreciation Accumulated Expense Depreciation Net Book Value At acquisition 1 2 3 4