ne: LD? 1 . Hala Company purchased a eciable asset for $100,000. The estimated salvage value is $10,000, and the estimated esti used for depreciation. What is the de. The straight-line method will be life is 10 eciation base of this asset? 2. Lebanon Company purchased a depreciable asset for $200,000. The estimated salvage value is $10,000, and the estimated useful life is 10,000 hours. Lebanon used the asset for 1,100 hours in the current year. The activity method will be used for depreciation. What is the depreciation expense on this asset 3. Souq Company purchased a depreciabte asset for s150,000. The estimated salvage value is S10,000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? new machine has an estimated useful life of nine years and the salvage value was estimated to be $75,000. Depreciation was computed on the sum-of-the-years-digits method. What amount should be shown in Samsung's balance sheet at December 31, 2015, net of accumulated depreciation, for this machine? 4. On January 1, 2014, Samsung Company purchased a new machine for $2,100,000. The