Value-Home Ltd is a construction company that recently purchased two types of equipment. Each equipment type is used in a different part of a current project operation. The management has decided to use two different depreciation methods to determine depreciation charges. The data on each equipment type is summarised below: Purchase date Purchase Price Installation Costs Residual Value Useful life Equipment 1 1 July 2018 $93,000 2,400 $10,000 Equipment 2 1 Oct 2018 $25,500 2,000 $5,500 4 years Sum of the year digit 8 years Diminishing Balance Depreciation method Required (show all workings): Assuming that Value-Home Ltd.'s end of financial year is 31 December, calculate the depreciation charges for 2019 for each equipment type. (10 marks)