I CANT DO THE 4TH ROW, PLEASE EXPLAIN WHAT FORMULAS AND NUMBERS TO USE ALONG WITH THE ANSWERS

7 E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 10 points 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 $28,000. The estimated useful life was four years, and the residual value was $2,080. Assume that the estimated productive life of the machine was 10,800 hours. Actual annual usage was 4,320 hours in Year 1:3,240 hours in Year 2; 2,160 hours in Year 3; and 1,080 hours in Year 4. eBook Print Required: 1. Complete a separate depreciation schedule for each of the alternative methods. References 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 Req 1C Complete a depreciation schedule using the double-declining-balance method. (Do not round intermediate calculations.) Year At acquisition Depreciation Accumulated Net Expense Depreciation Book Value $ 28,000 $ 14,000 s 14,000 $ 14,000 7,000 s 21,000 $ 7,000 $ 3.500 $ 24,500 $ 1 2 3 3 3,500 4