2 On January 1 2019, PPE Company purchased a machine for $500,000 cash price + $100,000 interest, due in 2 years. The machine is expected to be used for 5 years and will be sold for $50,000 at the end of 5th year. a. Please calculate the yearly depreciation expenses assuming that the Company applies; i. Straight-line Depreciation Method ii. Diminishing Balance Method b. Please show the required accounting treatment assuming that the fair value of the machine is $276,000 as of the 2022 year-end, if the Company applies; i. Cost Model ii. Revaluation Model