Part II (6 marks) Golden Limited purchased a machine for $90,000 on January 1, 2016. It was originally depreciated on a straight-line basis over 10 years with an estimated salvage value of $18,000. On December 31, 2018, before adjusting entries had been made, the company decided to change the remaining estimated life to 4 years (including 2018) and the salvage value to $3,000. Required: (Show all calculations and round ALL answers to 2 decimal places.) What was the depreciation expense for 2018