Equipment was purchased for the cost of $75,860. The equipment was purchased on February 1, 2020. The company's fiscal year end is November 30. The equipment is estimated to have a four-year life and a $6,550 residual value. The double diminishing balance method is used is used to depreciate the asset. 1. Depreciation expense for fiscal year ended November 30, 2020 (nearest dollar without comma, e.g. 15000): 2. Depreciation expense for fiscal year ended November 30, 2021 (nearest dollar without comma, e.g. 15000): 3. Equipment's carrying amount, as at November 30, 2021 (nearest dollar without comma, e.g. 15000): At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts was a credit of $6,000 Estimated uncollectible accounts as at December 31, 2017 were $30,000. In 2018, $32,000 of accounts were written off as uncollectible and $1,250 of accounts previously written off were recovered. If the estimated uncollectible accounts as at December 31, 2018 was $40,000, the adjusting entry relating to bad debts on December 31, 2018 would be: Select one: a. Dr. Allowance for doubtful accounts 32,000 || Cr. Accounts Receivable 32,000 b. Dr. Allowance for Doubtful Accounts 40,000 // Cr. Bad Debts Expense 40,000 C. Dr. Bad Debts Expense 40,750 // Cr. Allowance for Doubtful Accounts 40,750 d. Dr. Bad Debts Expense 40,500 // Cr. Allowance for Doubtful Accounts 40,500