On January $1,2024,$ Ivanhoe Mining Ltd$.$ purchased new mining equipment costing $$372,568,$ which will be depreciated on the

assumption that the equipment will be useful for four years and have a residual value of $$26,200$ when the company is finished using it$.$

The estimated output from this equipment, in tonnes, is as follows: $2024-99,600$;$2025-34,300$;$2026-97,800$;$2027-49,900.$ The

company is now considering possible methods of depreciation for this asset.

$($a$)$

Calculate what the depreciation expense would be for each year of the asset's life, if the company chooses:

i$.$ The straight$-$line method

Straight$-$line depreciation $

per year

ii$.$ The units$-$of$-$production method $($Round depreciation per unit to $2$ decimal places, e$.$g$.15\mathrm{.}25$ and depreciation expense to $0$ decimal

places, e$.$g$.125.)$