Can you work out two account problems for me? My assignment is due tonight and I am stuck on 2. It is for Intro to Financial Accounting and shouldn't take very long. I will attached the problems.

Problem E Cardine Company acquired and placed into use equipment on 2009 January 2, at a cash cost of $ 935,000. Transportation charges amounted to $ 7,500, and installation and testing costs totaled $ 55,000. The equipment was estimated to have a useful life of nine years and a salvage value of $ 37,500 at the end of its life. It was further estimated that the equipment would be used in the production of 1,920,000 units of product during its life. During 20xx, 426,000 units of product were produced. Compute the depreciation to the nearest dollar for the year ended December 31, using: 1. Straight-line method. 2. Units-of-production method. 3. Double-declining-balance method (use a fraction rather than a percentage). Problem F Goodrich Company purchased a machine on 2009 October 1 for $ 100,000. The machine has an estimated salvage value of $ 30,000 and an estimated useful life of eight years. Compute to the nearest dollar the amount of depreciation Goodrich should record on the machine for the years ending 201 December 31, and 202, under each of the following methods: 1. Straight-line. 2. Double-declining-balance. Chapter 9 Accounting lab Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,900 with a residual value of $1500. Useful life is 5 years or 100,000 copies Copies produced in 2011: 16000 copies; in 2012: 17,000 copies Using the Straight Line Method, calculate: a) The Depreciation Expense in 2011 & 2012 $ in 2011 $ in 2012 b) Accumulated depreciation at the end of 2012 $ c) Book value at the end of 2012 $ Chapter 9 Self Check Question 1 When figuring straight line or Units of Output depreciation we start with depreciable cost which is unexpired cost original cost-residual value expired cost initial cost -accumulated depreciation 0.5 points Question 2 Accounts Receivable is $50,000. The Allowance for Doubtful Accounts is $5000. What is Net Realizable Value? $50,000 $55,000 $45,000 Cannot be determined 0.5 points Question 3 Find the best match - used when usage varies from year to year - method that doesn't use residual value A . contra account B . Double declining value C . Units of Output - Accumulated Deprecation - Allowance for Doubtful Accounts 0.5 points Question 4 Which one of the following is NOT true about the Allowance for Doubtful accounts? Contra asset account normally has a credit balance debit account credit account 0.5 points Question 5 Find the best ,match. You may use an answer more than once. - Franchise, Patent, Goodwill - Asset that is never amortized,depreciated , or depleted A . intangible assets B . land C . Natural Resource - timber, oil. gas - a good method for assets D . straight line E. that depreciate slowly amortization F. - to record the use of intangible assets G . depreciation - - depletion to record the use of natural assets H . Units of production (output) to deduct the expense of equipment - to record the expense when use varies widely from year to year 0.5 points Question 6 Which is subject to depletion? timber tract (a forest),minerals, oil land improvements (like sidewalks and fences) copywrite land 0.5 points Question 7 What three things are included in original cost of an asset? shipping/freigh t installation initial testing yearly maintenance 0.5 points Question 8 2% of sales is estimated to be uncollectable. Sales are $50,000. Accounts receivable are $40,000. Cost of Goods Sold is $30,000. Which is correct? Bad debt expense is $1000 Bad debt expense is $800 Bad debt expense is $400 None of the above Chapter 9 Accounting lab Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,900 with a residual value of $1500. Useful life is 5 years or 100,000 copies Copies produced in 2011: 16000 copies; in 2012: 17,000 copies Using the Straight Line Method, calculate: a) The Depreciation Expense in 2011 & 2012 $ in 2011 $ in 2012 b) Accumulated depreciation at the end of 2012 $ c) Book value at the end of 2012 $ Chapter 9 Self Check Question 1 When figuring straight line or Units of Output depreciation we start with depreciable cost which is unexpired cost original cost-residual value expired cost initial cost -accumulated depreciation 0.5 points Question 2 Accounts Receivable is $50,000. The Allowance for Doubtful Accounts is $5000. What is Net Realizable Value? $50,000 $55,000 $45,000 Cannot be determined 0.5 points Question 3 Find the best match - used when usage varies from year to year - method that doesn't use residual value A . contra account B . Double declining value C . Units of Output - Accumulated Deprecation - Allowance for Doubtful Accounts 0.5 points Question 4 Which one of the following is NOT true about the Allowance for Doubtful accounts? Contra asset account normally has a credit balance debit account credit account 0.5 points Question 5 Find the best ,match. You may use an answer more than once. - Franchise, Patent, Goodwill - Asset that is never amortized,depreciated , or depleted A . intangible assets B . land C . Natural Resource - timber, oil. gas - a good method for assets D . straight line E. that depreciate slowly amortization F. - to record the use of intangible assets G . depreciation - - depletion to record the use of natural assets H . Units of production (output) to deduct the expense of equipment - to record the expense when use varies widely from year to year 0.5 points Question 6 Which is subject to depletion? timber tract (a forest),minerals, oil land improvements (like sidewalks and fences) copywrite land 0.5 points Question 7 What three things are included in original cost of an asset? shipping/freigh t installation initial testing yearly maintenance 0.5 points Question 8 2% of sales is estimated to be uncollectable. Sales are $50,000. Accounts receivable are $40,000. Cost of Goods Sold is $30,000. Which is correct? Bad debt expense is $1000 Bad debt expense is $800 Bad debt expense is $400 None of the above