Purchase Price: $5,250,000 18 years 8,230,000 units Estimated Useful Life: Estimated Useful Life: Estimated scrap (residual) value: Production in year 1 (2019) Production in year 2 (2020) Production in year 3 (2021) $300,000 900,000 units 700,000 units 370,000 units Required: Calculate depreciation expense using the double-diminishing balance method for 2019 (2 marks) and 2020 (2 marks). The year end is Dec 31. Show all of your work. Use the following symbols to show your calculations: add (+). subtract() multiply (x) divide (1) All percentages should be rounded to the nearest whole percent (example: round 12.333% to 129) All final answers should be rounded to the nearest whole dollar (example: round $15,369.35 to $15.369)