E9-16 (Algo) Computing Depreciation and Book Value for Two Years Using Alternative Depreciation Methods and Interpreting the Impoct on the Fixed Asset Turnover Ratio [LO 9-3, LO 9-7] Leopard Companies bought a machine for $74,000 cash. The estimated useful life was five years and the estimated residual value was $5,000. Assume that the estimated useful life in productive units is 165,000 . Units actually produced were 44,000 in year 1 and 49,500 in year 2 Required: 1. Determine the appropriate amounts to complete the following schedule 2-0. Which method would result in the lowest net income for year 1 ? 2-b. Which method would result in the lowest net income for year 2 ? 3. Which method would result in the lowest ficed asset fumover ratio for year 1 ? Complete this question by entering your answers in the tabs below. Determine the appropriate amounts to complete the following schedule, KDo not round intermediate calculations, Round fina! answers to the nearest whole dollar.)