Answer both problems!

Calculate the amount of depreciation to report during the year ended December 31 for equipment that was purchased at a cost of $96,000 on October 1. The equipment has an estimated residual value of $6,000 and an estimated useful life of five years or 20,000 hours. Assume the equipment was used for 1,000 hours from October 1 to December 31 and the company uses (a) straight-line, (b) double- declining-balance, or (c) units-of-production depreciation. (Do not round intermediate calculations.) Depreciation (a) Straight-Line (b Double-Declining-Balance (C Units-of-Production2 Required information Part 1 01 2 Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] 769 Park Co. is considering an investment that requires immediate payment of $28,065 and provides expected cash inflows of points $8.100 annually for four years. If Park Co. requires a 5% return on its investments, eBOOK Hint QS 25-2 Net present value LO P3 Print 1-a. What is the net present value of this investment? (PV of $1, EV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Cash Flow Select Chart Amount x PV Factor = Present Value Annual cash flow Present Value of an Annuity of 1 $ 8, 100 x 3.5460 28,723 Immediate cash outflows 28,085 Net present value