A factory machine was purchased for $378000 on January 1,2021. It was estimated that it would have a $70000 salvage value at the end of its 5 -year useful life. It was also estimated that the machine would be run 40000 hours in the 5 years. The company ran the machine for 4200 actual hours in 2021. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2021 would be $64680. $70000 $39690. $32340. Bramble Company purchased a new van for floral deliveries on January 1,2020. The van cost $53000 with an estimated life of 5 years and $13000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2021 ? $33920$8480$12720$25440 Waterway Corporation bought equipment on January 1, 2021. The equipment cost $375000 and had an expected salvage value of $59400. The life of the equipment was estimated to be 6 years. Assuming straight-line deprecation, the book value of the equipment at the beginning of the third year would be $269800 $375000 $157800 $105200. Oriole Company purchased a piece of equipment on January 1,2020. The equipment cost $228000 and had an estimated life of 8 years and a salvage value of $27000. What was the depreciation expense for the asset for 2021 under the double-declining-balance method? $57000 $42750 $44313. \$26917