22. Crestview Estates purchased a tractor on January 1, 2018, for $65,000. The tractor's useful li to be 10 years and has a residual value of $5,000. If Crestview uses the double-declining balanc depreciation what is the amount of depreciation expense that Crestview will record on Decemb end of the second year? A. $9,600 B. $10,400 C. $12,000 D. $13,000 23. Crestview Estates purchased a tractor on January 1, 2018, for $65,000. The tractor's usef to be 10 years and has a residual value of $5,000. If Crestview uses the double-declining ba depreciation what is the amount of depreciation expense that Crestview will record on Dec end of the first year? A. $12,000 B. $13,000 C. $6,500 D. $6,000 24. Crestview Estates purchased a tractor on January 1, 2018, for $65,000. The tractor's to be 30,000 miles and has a residual value of $5,000. If Crestview used the tractor 10, is the depreciation expense at the end of 2018 using the activity-based method? A. $20,000 B. $25,000 C. $23,333. D. $21667