Question 4 (22 marks) Part I JoJo Limited ("JoJo") purchased a machinery for its plant on 1 May 2017. The machinery is expected to have a 10-year life and no residual value. The following expenditures were associated with the purchase: $ Cost of the machinery 100,000 Freight-in charges 3,750 Commission fees 6.000 Legal title fees 9,250 Sales taxes 5,500 Essential set-up charges 1,500 Cost to repair machinery damaged during installation 800 JoJo adopts the cost model as its accounting policy in subsequently measuring its property, plant and equipment Required: (5 marks) (a) Determine the cost of the machinery with detailed workings of calculations. (b) Calculate depreciation expense for the years 2017 to 2019 under 200 percent declining- balance method, using the half-year convention. Use the below-mentioned table for the calculation from 2017 to 2019: Book value Year Computation Depreciation Expense Accumulated Depreciation