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Answer both and i will upvote if not i will dislike the answer. Question 9 (1 point) ASU Company purchased a truck at the beginning

Answer both and i will upvote if not i will dislike the answer. image text in transcribed
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Question 9 (1 point) ASU Company purchased a truck at the beginning of 2019 for $93,600. The truck is estimated to have a salvage value of $3,600 and a useful life of 120,000 miles. It was driven 21,000 miles in 2019 and 29.000 miles in 2020. What is the depreciation expense for 2020? $23,490. $21,750 $37.500. $15.750. Question 10 (1 point) Golden Rams Company has equipment with a carrying amount of $1,600,000. The expected future undiscounted cash flows from the equipment are $1,630,000, and the fair value of the equipment is $1,360,000. The equipment is expected to be used in operations for the next four years. What amount (if any) should Golden Rams report as an impairment loss to its equipment? $60,000. $240.000. $270,000 No impairment loss should be reported

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