On October 5, 2004, X COMPANY acquired a new machine at a cost of Birr 250,000. The machine has a useful life of 5 years and a scrap value of Br. 10,000. It is estimated that the equipment will produce 2,000,000 units of products throughout its life. The equipment produced 95,000 units and 300,000 units of products during the fiscal periods ending December 31, 2004 and December 31, 2024 respectively. On the basis of the above data, compute the depreciation expense to be recorded on December 31, 2022. 1) Under the units of production method. 2) Under the declining-balance method. 3) Under the sum-of-years-digits method. 4) Under the straight-line method.