Schrade Company bought a machine for $$98,000$ cash. The estimated useful life was four years and the estimated residual value was

$$6,040.$ Assume that the estimated useful life in productive units is $121,000.$ Units actually produced were $44,000$ in Year $1$ and $46,000$

in Year $2.$

Required:

Determine the appropriate amounts to complete the following schedule.

$2-$a$.$ Which method would result in the lowest Earnings per Share for Year $1?$

$2-$b$.$ Which method would result in the lowest Earnings per Share for Year $2?$

If used for tax reporting, which method would result in the highest amount of cash outflows in Year $1?$

Determine the appropriate amounts to complete the following schedule.

Note: Do not round your intermediate calculations.