requirement 4 pls

Papshire Machine & Dye bought a machine on January 2, 2020, for $429,000. The machine was expected to remain in service for three years and produce 2,025,000 parts. At the end of its useful life, company officials estimated that, due to technological changes, the machine's residual value would only be $9,000. The machine produced 708,750 parts in the first year, 668,250 in the second year, and 658,125 in the third yest Required 1. Prepare a schedule of amortization expense per year for the machine using the straight-line, UOP, and DDB amortization methods. Assume that in all cases the machine is valued at $9,000 at the end of the third year, and the third year amortization is adjusted (set as a plug) to ensure this happens 2. Which amortization method tesults in the highest net income in the second year? Does this higher net income mean the machine was used more efficiently under this method? 3. Which method tracks the wear and tear on the machine most closely? Why? 4. After one year under the DDB method, the company wiched to the straight-ine method, Prepare a schedule of amortization expense for this situation, showing all calculations efficiencies related to the machinery Requirement 3. Which method tracks the wear and tear on the machine most dosely? Why? The units-of-production method tracks wear and teat most closely. A greater amortization expense will result as the machine is used more Requirement 4. Assume that after one year under the DD6 method, the company switched to the straight-line method. Prepare a schedule of ammortization expense for all Enter the DDB Expense for 2020. Then calculate the new straight-line amortization expense for 2021 and 2022 to complete the schedule (The total for the totals column will not necessarily match the book value of the machine due to rounding.) Straight-Line Expense Total GILE MUURVER SUS HRISTORAN Vry DDB Expense Year 2020 2021 2022 Total