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just the answer fast plzz Safe Shipment Company purchased a delivery truck on January 1, 2016, at a cost of $ 100,000. The estimated useful

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Safe Shipment Company purchased a delivery truck on January 1, 2016, at a cost of $ 100,000. The estimated useful life of the truck is 10 years, with an estimated salvage value of $ 10,000. On January 1, 2018 the airline revises the total estimated useful life to 7 years with a revised salvage value of $ 2,000. Required: Assuming the straight-line method is used, compute the revised depreciation expense for the year ended December 31, 2018. (Note: write your answer as a number only, with No dollar signs or commas) Answer: WOW Corporation has the following shares issued and outstanding in December 2020: Common stock, $ 2 par, 100,000 shares issued and outstanding Cumulative Preferred stock, $ 100 par, 6%, 10,000 shares issued and outstanding. All shares were issued and outstanding since 1/1/2018 In the year 2018, WOW declared and paid $ 30,000 as cash dividends. In the year 2019, no dividends were declared. In December 2020, the Company declared $ 220,000 as cash dividends. Required: How much dividends will common shareholders get? (Note: write your answer as a number only, with No dollar signs or commas) Answer: Fly Corporation issued a $ 5,000,000, 8%, 6 years convertible bonds on 1/1/2020. The bonds were issued at 96, and pay interest semiannually, on July 1, and January 1 of every year. Required: Calculate the total financing (borrowing) cost for the company. (Note: write your answer as a number only, with No dollar signs or commas)

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