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KSRM Company purchases a factory machine at a cost of Tk . 5 , 5 0 , 0 0 0 on January 1 , 2

KSRM Company purchases a factory machine at a cost of Tk.5,50,000 on January 1,2020.KSRM expects the machine to have a salvage value of Tk.50,000 at the end of its 5-yearuseful life. During its useful life, the machine is expected to be used 160,000 hours. Actualannual hourly use was: 2020,50,000; 2021,40,000; 2022,45,000; 2023,15,000 and 2024,10,000. In 2022, equipment produced 24000 units, with an estimated 1,00,000 units beingproduced.Required:Calculate the depreciation expense for 2022 using the following methods: i) units of activitymethod; ii) double declining method; iii) sum of years' digits method; and iv) straight-linemethod.

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