2a. A company bought a piece of equipment for $43,200 and expects to use it for eight years. The company then plans to sell it for $4,600. The company has already recorded depreciation of $37,433.50. Using the double-declining-balance method, what is the company's annual depreciation expense for the upcoming year? (Round your answer to the nearest whole dollar amount.)

2b. On January 1, 2018, Dunbar Echo Co. sells a machine for $25,800. The machine was originally purchased on January 1, 2016 for $46,700. The machine was estimated to have a useful life of 5 years and a residual value of $0. Dunbar Echo uses straight-line depreciation. In recording this transaction:

2c.

The company has net sales revenue of $4.6 million during 2018. The company's records also included the following information:

Assets	12/31/17			12/31/18
Property, plant and equipment	$	2.8	million	$	3.5	million
Licensing agreements	$	1.0	million	$	0.9	million
Goodwill	$	0.8	million	$	0.8	million
Investments	$	0.9	million	$	1.0	million

What is the company's fixed asset turnover ratio for 2018?

2d. Your company has net sales revenue of $38 million during the year. At the beginning of the year, fixed assets are $10 million. At the end of the year, fixed assets are $12 million. What is the fixed asset turnover ratio?

2e. A piece of equipment was acquired on January 1, 2018, at a cost of $55,000, with an estimated residual value of $5,000 and an estimated useful life of five years. The company uses the double-declining-balance method. What is its book value at December 31, 2019?