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need urgently 3. A company purchases a new machine for $98000 units of production on January 1, 2014. Its predicted useful life is 5 years

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3. A company purchases a new machine for $98000 units of production on January 1, 2014. Its predicted useful life is 5 years or 100000 units of product and its residual value is $8000. During 2014, $20000 units of product are produced. Calculate the book value of the machine using a. Straight line method (include graphs) b. Units of production method (7 marks)

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