Q$3$ A company's property records revealed the following information about its plant assets: $$

$$

Machine No$.$

Cost

Salvage Value

Purchase Date

Depreciation Method and Estimate Life

$1$

SAR $24,000$

SAR$4,000$

$1/1/2023$

Straight$-$line $(4$ years$)$

$2$

$$SAR $30,000$

SAR$1,500$

$1/1/2023$

Double$-$declining$-$balance $(5$ years$)$

$$

Calculate the depreciation expense for each machine for the year ended December $31,2023,$ and for the year ended December $31,2024.$

Machine $1$:

$2023$:

$2024$:

Machine $2$:

$2023$:

$2024$: