decision from the Disciplinary Board of Epoka University QUESTIONS 1. On May 21, 2020 Company purchases a printer at $800 by issuing a note and company also pays in cash $100 duty tax and $20 for transportation. Its useful life is estimated as 4 years and the residual value is $100. Make a journal entry for the purchase on May 21, 2020. (5 points) a. b. Fill out the depreciation schedule below, through the useful life of the printer. Company is a listed company and wants to have the highest possible net income at the end of the first year. Considering this, select the most suitable depreciation method among the methods/techniques you leared in Financial Accounting lessons. Make required journal entry for December 31, 2020. (10 points) EU-FRM-010-002-EN Pub. Date: 19/11/2019 Upd: 02 Years Computation Dep. Expense Book Value NCC. D. c. Fill out the depreciation schedule below, through the useful life of the printer. Company is a SME and wants to have the least possible taxable income at the end of the first year. Considering this, select the most suitable depreciation method among the methods/techniques you learned in Financial Accounting lessons. Make required journal entry for December 31, 2020. (10 points) Years Computation Dep. Expense Ace. Dep. Book Value EU-FRM-010-002-EN Pub. Date: 19/11/2019 Upd: 02