Question 2 16 marks Beta Company purchased machinery on June 1, 2018 for $89,000. It provided the following data: Estimated Residual Value - $5 000 Estimated Service Life -8 years Estimated Total Work Hours - 42 000 hours Estimated Total Production - 525 000 units Machine Usage (2018) - 5 500 hrs (2019) - 6 000 hrs Machine Production (2018) - 48 000 units (2019) - 55 000 units Beta Company uses a fractional-year policy to the nearest full month and its financial year ends December 31. Required: a) What is the depreciable base of the machine? [1 mark] b) Calculate the depreciation expense for the year ending December 31, 2018 and 2019 using the following methods: Round to nearest whole number i. Straight-line. [3 marks) ii. Units of output [3 marks) iii. Sum of the years' digits. [3 marks) iv. Double declining balance. [4 marks]