Please answer question 1 A-C.

E9-6 Computing Depreciation under Alternative Methods [LO 9-3] Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $37,000. The estimated useful life was five years and the residual value was $4,500. Assume that the estimated productive life of the machine is 20,000 units. Expected annual production was year 1, 4,600 units; year 2,5,600 units; year 3, 4,600 units; year 4, 4,600 units, and year 5, 600 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. 2. Which method will result in the highest net income in year 2? Does this higher net income mean the machine was used more efficiently under this depreciation method? Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 1C Reg 2A Req 2B Complete a depreciation schedule for Straight-line method. (Do not round intermediate calculations.) Income Statement Depreciation Expense Balance Sheet Accumulated Depreciation Year Cost Book Value At acquisition 1 2 $ 4.500 X 32,500 X 4,500 X $ 4,500 X 37,000 $ 37,000 9,000 X 28,000 X 3 37,000 23,500 X 4 4,500 X 4,500 4,500 37,000 13,500 18,000 X 22,500 19,000 X 5 37,000 14,500 (Req 1A Req 1B >