Morris Associates bought a machine for $$82,000$ cash. The estimated useful life was five years and the estimated residual value was $$7,000.$ Assume that the estimated useful life in productive units is $171,000.$ Units actually produced were $45,600$ in year $1$ and $51,300$ in year $2.$

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Required:

$1.$ Determine the appropriate amounts to complete the following schedule.

$2-$a$.$ 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 fixed asset turnover ratio for year $1?$