In preparing its August 31, 2016 bank reconciliation, Oakley Corp. has available the following information: Balance per bank statement, 8/31/16 $65,490 Deposit in transit, 8/31/16 10,170 Return of customer's check not sufficient funds, 8/30/16 1,800 Outstanding checks, 8/31/16 5,820 Bank service charges for August 350 At August 31, 2016, Oakley's adjusted cash balance is Select one: a. $59,320 b. $69,840. c. $59,670. d. $61,140. Tomko Company purchased machinery with a list price of $96,000. They were given a 10% discount by the manufacturer. They paid $600 for shipping and sales tax of $4,500. Tomko estimates that the machinery will have a useful life of 10 years and a residual value of $30,000. If Tomko uses straight-line depreciation, annual depreciation will be Select one: a. $6,150. b. $9,150. c. $6,108. d. $5,640