13.Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $104,000. The asset is expected to have a salvage value of $15,100 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the asset's book value on December 31, Year 2 will be:

A. $22,464

B. $56,160

C. $93,600

D. $28,836

E. $19,224

17.Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the straight-line method. The machines useful life is estimated to be 5 years with a $4,000 salvage value. Depreciation expense in year 2 is:

A. $4,800.

B. $4,000.

C. $9,600.

D. $20,000.

E. $0.

26.Gaston owns equipment that cost $17,000 with accumulated depreciation of $3,400. Gaston sells the equipment for $12,200. Which of the following would not be part of the journal entry to record the disposal of the equipment?

A. Debit Accumulated Depreciation $3,400.

B. Credit Equipment $17,000.

C. Debit Loss on Disposal of Equipment $1,400.

D. Credit Gain on Disposal of Equipment $1,400.

E. Debit Cash $12,200.