Mason Brewing sells craft beer and runs a brewery academy offering brewing lessons in Vancouver. On June 30th, 2018, Mason Brewing purchased a new Copper Kettle to brew a special new micro-brew. Mason brewing incurred the following costs: 1) The final invoice price for the copper kettle was $ 35,340 2) Due to it's unusual size, shipping costs of $ 830 were incurred 3) Mason Brewing purchased a one year insurance policy costing $ 2,800 to mitigate risk 4) Mason brewing hired specialists from the supplier to complete installation of the kettle for $ 630 5) To ensure quality from the very first batch, Mason brewing spent $ 1,200 testing the equipment Mason brewing estimates they can use the new copper kettle for 10 years, at which time they could probably sell it to a discount brewery for $ 3,000 . They also expect to use the kettle to brew approximately 900,000 litres of beer. Required: 1) Record the entries for the costs incurred on June 30th, 2018 to acquire the Copper Kettle. Assume all costs were paid in cash. 2) Record depreciation at December 31st 2018 AND December 31st, 2019 assuming Mason Brewing uses the following depreciation methods A) Straight-line B) Units of production - Assume Mason Brewing brews 36,000 litres and 94,500 litres in 2018 and 2019, respectively. C) Double Declining Balance method 3) What is the book value of the equipment at December 31st, 2019, under the three methods? 4) Mason Brewing decides to scrap the new micro-brew after reviewing 2019 results. On January 1, 2020 they sell the Copper Kettle to a local buyer. Assuming Mason Brewing used the straight-line method, record the disposal assuming a selling price of: A) $ 30,000 B) $ 35,000