Can you please show how you arrived at each answer too, thank you so much

ACC 114 Review Questions 1) A plant asset was purchased on January 1 for $73000 with an estimated salvage value of $10000 at the end of its useful life. The current year's Depreciation Expense is $5000 calculated on the straight-line basis and the balance of the Accumulated Depreciation account at the end of the year is $32000. The remaining useful life of the plant asset is 2) In preparing its bank reconciliation for the month of April 2020, Crane, Inc. has available the following information. Balance per bank statement, 4/30/20 541420 NSF check returned with 4/30/20 bank statement 1380 Deposits in transit, 20/20 Outstanding checks, 4/30/20 10400 Bank service charges for April What should be the adjusted cash balance at April 30, 2020? 3) Coronado Corporation bought equipment on January 1, 2021. The equipment cost $399000 and had an expected salvage value of $60300. The life of the equipment was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is 4) Waterway Company purchased machinery with a list price of $97500. They were given a 10% discount by the manufacturer. They paid $550 for shipping and sales tax of $4200. Waterway estimates that the machinery will have a useful life of 10 years and a residual value of $30900. If Waterway uses straight-line depreciation, annual depreciation will 5) Concord Furniture factors $907000 of receivables to Ivanhoe, Inc. Ivanhoe assesses a 2% service charge on the amount of receivables sold. Concord Furniture factors its receivables regularly with Ivanhoe Factors. What journal entry does Concord make when factoring these receivables? 6) A machine with a cost of $473000 has an estimated salvage value of $23000 and an estimated useful life of 5 years or 10000 hours. It is to be depreciated using the units-of-activity method of depreciation. What is the amount of depreciation for the second full year, during which the machine was used 4400 hours? 7) Crane Trucking purchased a tractor trailer for ett Open Word truck is driven 80000 miles in its first year, how shipping and sales tax of $4200. Waterway estimates that the machinery will have a useful life of 10 years and a residual value of $30900. If Waterway uses straight-line depreciation, annual depreciation will be 5) Concord Furniture factors $907000 of receivables to Ivanhoe, Inc. Ivanhoe assesses a 2% service charge on the amount of receivables sold. Concord Furniture factors its receivables regularly with Ivanhoe Factors. What journal entry does Concord make when factoring these receivables? 6) A machine with a cost of $473000 has an estimated salvage value of $23000 and an estimated useful life of 5 years or 10000 hours. It is to be depreciated using the units-of-activity method of depreciation. What is the amount of depreciation for the second full year, during which the machine was used 4400 hours? 7) Crane Trucking purchased a tractor trailer for $155000. Interline uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1000000 miles over its 12-year useful life. Salvage value is estimated to be $23500. If the truck is driven 80000 miles in its first year, how much depreciation expense should Crane record? 8) The maturity value of a $57000, 8%, 60-day note receivable dated July 3 is 9) On May 1, 2021, Sunland Company sells office furniture for $296400 cash. The office furniture originally cost $746800 when purchased on January 1, 2014. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $77800. What gain should be recognized on the sale? 10) An asset was purchased for $265000. It had an estimated salvage value of $50000 and an estimated useful life of 10 years. After 5 years of use, the estimated salvage value is revised to $40000 but the estimated useful life is unchanged. Assuming straight-line depreciation, depreciation expense in year 6 would be 11) The following totals for the month of April were taken from the payroll register of Bonita Company. Salaries and wages $73200 FICA taxes withheld 5513 Income taxes withheld 14600 Medical insurance deductions 2760 Federal unemployment takes INS State unemployment taxes 1292