On April 2, 2017, Victor, Inc acquired a new piece of filtering equipment. The cost of the equipment was $160,000 with a residual value of $20,000 at the end of its estimated useful lifetime of 4 years. Assume that in its financial statements, Victor uses straight-line depreciation and the half-year convention Depreciation recognized on this equipment in 2017 and 2018 will be Select one a $20,000 in 2017 and $35,000 in 2018 b.$23,333 in 2017 and $30,000 in 2018. c. $40,000 in 2017 and $30,000 in 2018. d $17,500 in 2017 and $35,000 in 2018. [The following information applies to the questions displayed below) Dynamic, Inc. had credit sales of $675,000 for March. Accounts receivable of $6,000 were determined to be worthless and were written off during March Accounts receivable total $575,000 at March 31 Management feels that based on past experience, approximately 2% of net credit sales will prove to be uncollectible Assuming Dynamic, Inc uses the income statement approach (an allowance method) to account for uncollectible accounts, uncollectible accounts expense for March is