On July 1, 2016, a company purchased a new delivery truck. The truck has a cost of $37.000, an estimated useful life of 5 years, and salvage value of $7,000. Assume that the company uses the double-declining balance method of depreciation, what is depreciation expense for 2019? OASO B. $ 992 OC.53,197 OD. S 3,656 O E. $ 4,262 1 poin QUESTION 3 Yellow Corp. purchased a piece of land in 2019 for $750,000 and incurred the following costs: cost of clearing the Land $20,000; cost of new parking lots and sidewalks $45,000; cost of lighting for new parking lot and sidewalks $10,000, realtor costs of purchasing the land $18,000. In addition, Yellow was able to sell wood from clearing the land for $7,000. How much should Yellow record in the Land and Land Improvement accounts, respectively, for this purchase? A. 5781,000 and $55,000 OB. 8835,000 and SO OC. S795,000 and $55,000 OD. $750,000 and $75,000 E. $761,000 and $75,000