Ankunding LLC purchased Equipment for $46,000. Each year Ankunding LLC records depreciation expense of $2,000. If after 5 years accumulated depreciation has a balance of $10,000, what is Book Value of the equipment? $46,000 $10,000 $2,000 $36,000 Question 9 of 30F Lilian is the CFO at Armstrong incorporated. Lilian is training new employees on when to record revenue in the financial records of the company. What should Lilian tell the new hires? Revenues are recognized when dividends are paid Revenues are recognized and recorded when cash is received Revenues are recognized and recorded when earned Revenues are recognized and recorded when Expenses are incurred