Kansas Enterprises purchased equipment for $77.500 on January 1, 2021 The equipment is expected to have a ten-year service life, with a residual value of $8.100 at the end of ten years Using the double-declining balance method, depreciation expense for 2021 would be (Do not round your intermediate calculations) Multiple Choice $15.500 o $7.750 $100 7400 A machine has a cost of $15,300, an estimated residual value of $4,170, and an estimated useful life of ten years. The machine is being deprecated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation? (Do not round your intermediate calculations. Round annual depreciation amount to the nearest dollar amount.) Multiple Choice 52.226 O $10 $3060 o S13074 A company purchased a machine for $209,000 on October 1, 2021. The estimated service life is 10 years with a $19,700 residual value. The company records partial-year depreciation based on the number of months in service. Depreciation expense for the year ended December 31, 2021, using straight line depreciation, is: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount) Multiple Choice $4.858 $15.675 O 55.225 O 5433