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: What is the depreciable base of the machine? mark] a) b) Calculate the depreciation expense for the year ending December 31, 2018 and 2019 using the following methods: Round to nearest whole number Straight-line [3 marks] Units of output [3 marks] Sum of the years' digits [5 marks] Double declining balance iv. [4 marks]