On January 1, Year 1, Friedman Company purchased a truck that cost $40,000. The truck had an expected useful life of 8 years and an $8,000 salvage value. Friedman uses the double-declining balance method. What is the book value of the truck at the end of Year 1? (Do not round intermediate calculations.) Multiple Choice $22,000 $30,000 $32.000 4 Warning Signs Of Demer Creepy How To Protect Your Brain Google Chrome -push- habc-6672.push.com S24 000 52400 Clo On April 1, Year 1, Fossil Energy Company purchased an oil producing well at a cash cost of $14,190,000. It is estimated that the oil well contains 960,000 barrels of oil, of which only 860,000 can be profitably extracted. By December 31, Year 1, 43,000 barrels of oil were produced and sold. What is depletion expense for Year 1 on this well? (Do not round intermediate calculations.) Multiple Choice $709,500 $946.000 $236.500 4 Warning Signs Of De Creepy How To Protect Your Bra Google Chrome puth chb-6672.push.com $635,594 The balance sheet of Flo's Restaurant showed total assets of $540,000, liabilities of $176,000 and stockholders' equity of 5364,000 An appraiser estimated the fair value of the restaurant assets at $640,000. If Alice Company pays $865,000 cash for the restaurant, what is the amount of goodwill? Multiple Choice $225,000 $325.000 Warning Signs of $451.000