7 3 points Which accounting principle or concept permits the direct write-off method of accounting for bad debts? Business entity concept Matching principle Full-disclosure principle Materiality principle OOOO 3 points A machine was purchased for a cost of $17.400 on January 1, 2020. The machine has an estimated site of years and no Salvage Using the straight-line method depreciation expense for 2022 year 3) and accumulated depreciation at December 31, 2022 end of year 3) would be $2.900 and $5,800, respectively, O $8,700 and $8,700, respectively, $2.000 and $8.700, respectively $2,900 and $2.900, respectively