Question 2 The following questions are based on Problem 9-8A "Boscan Corporation purchased machinery on January 1, 2014...." (a) What's the total depreciation expense over the 4-year period under the declining-balance method? (b) If Boscan Corporation purchased machinery on October 1, 2014 instead of January 1, 2014, what is the depreciation expense for 2014 using straight-line method? (c) On January 1, 2015, the company decides to sell this machinery for $150,000. Calculate the amount of gain (loss) on the disposal of plant assets under straight-line and declining- balance method respectively. m