2) Flint provides the following details of the fixed asset accounts at the beginning and end of 2018: Beginning of the year (12/31/2017): Cost A/D Method Life Residual Furniture $18,000 (8,100) Straight Line 6 years 10% of cost Office Equipment 30.000 (17,100) Straight Line 5 years 5% of cost Vehicle #1 45.000 (38,250) Units of Production 72,000 miles 10% of cost $93.000 ($63,450) Actual Miles End of the year (12/31/2018): driven-2018 Cost A/D Method Life Residual n.a. Furniture $12.000 (5,400) Straight Line 6 years 10% of cost Office Equipment 30.000 (17,100) Straight Line 5% of cost 6.000 Vehicle #1 45,000 (38,250) Units of Production 72,000 miles 10% of cost 20.000 Vehicle #2 70,000 0 Units of Production 90,000 miles 10% of cost 26,000 $157,000 ($60.750) In addition to buying a new vehicle (vehicle #2 above), on January 1, 2018 Flint sold a table (Furniture). Other than these two items there were no other fixed asset acquisitions or dispositions. n.a. 5 years How much depreciation should Flint record in 2018? A) $25,175 B) $24,875 C) $24,650 D) $26,000 E) $23,750 3) Continue with question #2. What was the selling price of the table Flint sold in 2018? A) $6,000 B) $5,300 C) $4,000 D) $2,600 E) $3,300