3 pts Question 18 Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the unitat production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 10.000 units The machine is estimated to have a $4,000 salvage value. The company produces 9.000 units in year 1 and 6.000 units in year 2 Depreciation expense in year 2 is: $9,600 O $4,000 O $14,400. O $3,000 $4,500 Next 3 pts Question 13 On November 1. 20Y1, Jasper makes a $25,000 one-year 9% loan to Claybom Co. Jasper accrues interest on its outstanding loans on an annual basis. Jasper's entry on November 1, 2012 to record the collection of the note and interest at maturity should be use 360 daya year) Debit Cash $827.250;credit Interest Receivable $2,250, credit Notes Receivable $25,000 Debit Cash $27.250;credit Interest Revenue $1,875: credit interest Receivable $375, credit Notes Receivable $25,000 Debit Cash $27.250;credit Interest Revenue $2,250, credit Notes Receivable $25,000 Debit Cash $27.250: credit Interest Revenue $375; credit interest Receivable $1,875, credit Notes Receivable $25,000 Debit Cash for 27.250: credit Notes Receivable 27.250 Next 30 Question 7 In reviewing the accounts receivable, the net realizable value is $28.000 before the write-off of a $2.000 account. What is the net realizable value after the write-off? $26.000 $28,000 $2,000 $30,000 Next The net realizable value of accounts receivable is gross accounts receivable plus an allowance for doubtful accounts. O is net accounts receivable plus an allowance for doubtful accounts. is gross accounts receivable less an allowance for doubtful accounts. O is net accounts receivable less an allowance for doubtful accounts. The account Allowance for Doubtful Accounts O has a normal debit balance. O is decreased by debits. has a normal credit balance. O is increased by credits. Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87.000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. Determine the machines second year depreciation under the straight-line method. $17.400. $20,880. $16,000. $18,379 $16,900