Mic rosoft purchases land with the intention of building a training facility. It pays for the rs interest200 hnd with a $1,000,000 down payment and issues a $3.500,000 note payable. The note a) Thelaest at 4% payable semi-annuallyand is due in 2 years. b) Interest expense is S S put on the books at a cost of $ every six months. o. purchased equipment on January 1,20X7, for $143,920. The equipment has an estimated salvage value Using the S/L method: The deprecation expense for 20X7 is $ of 14,392 and will be in service for 8 years. -- Using the DDB method: The deprecation expense for 20X7is s 35,no