Muddy Meadows Earth moving can purchase a bulldozer for $100,000. After seven years of use, the bulldozer is expected to have a salvage value of $23,000. What will the depreciation value in year 5 be for the bulldozer, assuming:

(a) it is classified as earth moving equipment, which is CCA Class 38?

(b) straight-line depreciation?

(c) sum-of-the-years'-digits depreciation?

(d) 150% declining balance depreciation?

(e) Describe where the values of book value (net) and annual depreciation expense are included in financial statement reporting.

1. Problem 1 (1 point) Muddy Meadows Earthmoving can purchase a bulldozer for $100,000. After seven years of use, the bulldozer is expected to have a salvage value of $23,000. What will the depreciation value in year 5 be for the bulldozer, assuming: (a) it is classied as earthmoving equipment, which is CCA Class 38? (b) straight line depreciation? (c) sumoftheyears'digits depreciation? (d) 150% decliningbalance depreciation? (e) Describe where the values of book value (net) and annual depreciation expense are included in financial statement reporting. Round your answers to the nearest dollar