Farr Company purchased a new van for floral deliveries on January 1, 2017. The van cost 56,000 with an estimated life of 5 years and 14,000 residual value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2018? 13,440 8,960 35,840 26,880 A company sells a plant asset which originally cost 630,000 for 210,000 on December 31, 2017. The Accumulated Depreciation account had a balance of 252,000 after the current year's depreciation of 63,000 had been recorded. The company should recognize a 105,000 loss on disposal. 420,000 loss on disposal. 168,000 gain on disposal. 168,000 loss on disposal. Wittebury Corporation retires its 6,000,000 face value bonds at 105 on January 1, following the payment of annual interest. The carrying value of the bonds at the redemption date is $6,224,700. The entry to record the redemption will include a credit of 75,300 to Bonds Payable. a credit of 75,300 to Gain on Bond Redemption. a debit of 75,300 to Loss on Bond Redemption. a credit of 30,000 to Bonds Payable. Bryce Company has $3,000,000 of bonds outstanding. The unamortized premium is $43,200. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption? $13,200 loss $13,200 gain $30,000 gain $30,000 loss