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Chopter o homework Saved Help Save & Exit Submit Check my work 7 0.76 points Assume Purity Ice Cream Company, Inc., 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 $152,000. The estimated useful life was four years, and the residual value was $8,000. Assume that the estimated productive life of the machine was 16,000 hours. Actual annual usage was 5,500 hours in Year 1 3,800 hours in Year 2: 3.200 hours in Year 3; and 3,500 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. eBook Print Complete this question by entering your answers in the tabs below. C References Reg 1A Reg 1B Reg 1 Complete a depreciation schedule using the Straight-line method. Year Depreciation Expenso Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 Reg 10 >