Question $2[5$ marks$]$On January $1,2022,$ Lemonade Company bought machinery under a contract that required a down payment of RM$100,000,$ plus $24$ monthly payments of RM$50,000$ each, for total cash payments of RM$1,300,000.$ The cash equivalent price of the machinery was RM$1,100,000.$ The machinery has an estimated useful life of $10$ years and estimated residual value of RM$50,000.$ Lemonade uses straight$-$line depreciation method.$$Calculate:$($a$)$In its $2022$ income statement, what amount should Lemonade report as depreciation expense for the machinery?$($b$)$In its $2024$ year$-$end financial statements, for the machinery, how much would be reported as:$1.$depreciation expense in income statement; and$2.$accumulated depreciation and carrying$/$book value in the balance sheet.