You are a financial analyst for Ford Motor Company and have beenasked to determi

You are a financial analyst for Ford Motor Company and have beenasked to determine the impact of alternative depreciation methods.For your analysis you have been asked to compare methods based ona machine that cost $176000. The estimated useful life is 10years and the estimated residual value is $33440. The machine hasan estimated useful life in productive output of 216000 units.Actual output was 28000 in year 1 and 24000 in year 2.Required:1. For years 1 and 2 only prepare separate depreciation schedulesassuming:(a) Straight-line method.(b) Units-of-production method.(c) Double-declining-balance method.