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(a) Parish Corporation purchased a new machine for its assembly process on January 1, 2021. The cost of this machine was Tk. 100,000. The company estimated that the machine would have a salvage value of Tk. 10,000 at the end of its service life. Its life is estimated at 5 years and its working hours are estimated at 1,000 hours. Year- end is December 31. Hour used for the five years are 200,150,250,300 and 100 hours. [4+2= 6 marks] Instructions: i. Compute the depreciation expense for the first two year sunder the following methods. (1) Straight-Line, (2) Units-of-Activity (3) Double-Declining Balance. ii. Which method is the best method? Explain in brief. (b) Muaj & Company owns a machine that cost Tk. 100,000 when purchased on June 1, 2018. It has been depreciated using the double declining balance method assuming no salvage value and an estimated useful life of 5 years. The company uses calendar year (January- December) to prepare the financial statements. [4marks] Instructions: Prepare Muaj & Company's journal entries to record the sale of the equipment assuming that the equipment was sold for Tk. 20,000 on January 1, 2021