E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Pialn lce Cream Company, Incorporated, in lthaca, NY, bought a new ice cream production kit (pasteurizerhomogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $22,000. The estimated useful life was four years, and the residual value was $2,000. Assume that the estimated productive life of the machine was 10,000 hours. Actual annual usage was 4,000 hours in Year 1; 3,000 hours in Year 2; 2,000 hours in Year 3; and 1,000 hours in Year 4. Required: 1. Compiete 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. Complete a depreciation schedule ising the straight-line method. Complete a depreciation schedule using the units-of-production method. Note: Use two decimal places for the per unit output factor. Do not round intermediate calculations Complete a depreciation schedule using the double-declining-balance method