E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Plain ice Cream Company, Incorporated, in ithaca, NY, 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 annua 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. Complete a depreclation schedule using the straight-line method