Latte' For All Co Ltd. purchased a coffee drink machine on January 1st, 2014 for $2,000,000. The company provided the following additional information: a) Expected useful life is 10 years or 120,000 drinks. b) In 2014, 26,000 drinks were sold. c) In 2015, 24,000 drinks were sold. d) Residual value $200,000. e) In 2016, 20,000 bottles were sold. Requirements: 1. Compute the annual depreciation expense for 2014 and 2015 using the straight ine, double-declining and units of production methods. (Show AlI Workings and round off answer to the nearest dollar where applicable) 2. Prepare the balance sheet extract to show the workings for the net book value for 2014 and 2015 assuming the company uses the unit of production method. (Round off answer to the nearest dollar where applicable) 3. Assuming the company adopted the double-declining method and sold the drink machine for $450,000 on June 30h, 2017, prepare the following: (i) A statement showing the gain or loss on disposal of the machine (i The journal entries to record the disposal of the fixed asset as at that date. (Round off answer to the nearest dollar where applicable)