A company purchased factory equipment for $690000. It is estimated that the equipment will have a $79000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, the amount of annua depreciation recorded for the second year after purchase would be A factory machine was purchased for $371000 on January 1, 2021. It was estimated that it would have a $77000 salvage value at the end of its 5 -year useful life. It was also estimated that the machine would be run 35000 hours in the 5 years. The company ran the machine for 4100 actual hours in 2021. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2021 would be $68880. $77000 $34440. $43460. Attempts: 0 of 2 used Current Attempt in Progress A company purchased office equipment for $55000 and estimated a salvage value of $8000 at the end of its 5 -year useful life. The constant percentage to be applied against book value each year if the double-declining-balance method is used is 15% 034% 019% 40% Save for Later Attempts: 0 of 2 used A company purchased factory equipment on April 1, 2021 for $165000. It is estimated that the equipment will have a $21000 salvage value at the end of its 10 -year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021 is $12375 $16500. $14400. $10800. Oriole Company uses the units-of-activity method in computing depreciation. A new plant asset is purchased for $52000 that will produce an estimated 80000 units over its useful life. Estimated salvage value at the end of its useful life is $3200. What is the depreciation cost per unit? $0.61 $6.50 $6.10 $0.65 Attempts: 0 of 2 used Attempts: 0 of 2 used