1. You are the laboratory manager, and your department has purchased a new centrifuge that your accounting department tells you must be depreciated over 9 years. The total acquisition cost for the centrifuge was $49,500. What is the depreciation expense per year? Select one: a. $9,900 b. $4,950 c. $5,500 d. $27,500

2.

Now assume a new type of centrifuge was purchased after 5 years that does the same work. What is the salvage value of the existing centrifuge?

Select one:

a. $22,000

b. $27,500

c. $24,750

d. $39,600