1. On October 5, 2001, NOON C. acquired a new machine at a cost of Birr 250,000. the machine has a useful life of 5 years and scrape value of Br. 10,000. it is estimated that the equipment will produce 2,000,000 units of products throughout its life. The equipment produced 95,000 units and 300,000 units of products during the fiscal periods ending December 31, 2001 and December 31,2001 respectively. On the basis of the above date, compute depreciation expense to be recorded on Dec. 31, 2002.

1) Under the units of production method.

2) Under the declining-balance method.

3) Under the sum-of-years-digits method

4) Under the straight-line method.