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help answer these questions please A company purchased a new truck at a cost of $56,000 on July 1. The truck is estimated to have

help answer these questions please

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A company purchased a new truck at a cost of $56,000 on July 1. The truck is estimated to have a useful life of 5 years and a salvage value of $4,400. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the truck during the first year ended December 31? Multiple Choice O $5,160. O $5,280. O $6,040. O $10,320. O $5,600.A company has inventory of 24 units at a cost of $14 each on August 1. On August 5, it purchased 19 units at $13 per unit. On August 12 it purchased 23 units at $14 per unit. On August 15, it sold 48 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice O $672 O $272 O $252 O $774 $1,188A company has inventory of 16 units at a cost of $12.50 each on August 1. On August 5, it purchased 14 units at $13.50 per unit. On August 12 it purchased 24 units at $14.50 per unit. On August 15, it sold 42 units. Using the FIFO periodic inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice O $150.00 O $324.00 O $174.00 O $377.00 O $203.00

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