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Question 9 On January 1, 2017 Red Company purchased a Truck, at a cost of $110,000. The useful life is expected to be 5-year and the salvage value is expected to be $15,000. 1- By using declining balance (double declining) method prepare depreciation schedule for its useful life. (2 points) Question 10 1- Why there is different depreciation method in accounting. Explain it by giving example about each method. (4 Points) There are different receivable write off methods. -2 Explain the differences between each method by given (and example. (4 Points 3- Explain the importance of capitalization on depreciation expenses by given an example. (4 Points) 4- Explain the impact of warranty accounting on the income statement and balance sheet (Financial position). Give detailed example. (3 Points)