A. A company purchased a delivery truck on January 1, 2020. Cost $109,000 Residual value 4,000 Useful life 5 years Depreciation method: sum-of-the-years-digits

What is the amount of is the balance in the accumulated depreciation account after the adjusting entry on December 31, 2022 (end of third year)?

B.

A company purchased machinery on January 1, 2020.

Cost $76,500 Residual value 6,600 Useful life 3 years Depreciation method: double-declining-balance

What is the amount of depreciation expense that would be recorded in the adjusting entry on December 31, 2022 (end of third year)?