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can you please answer 10 and 11?

Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and the estimated useful life is 9 years. The straight- line method is used for depreciation. At the end of 2020, Morgan realized that the asset will last two more years with a salvage value of $90,000. What is 2021 depreciation expense? Needs Grading on 11 Song Company purchased a depreciable asset for $700,000 on January 1, 2018. The estimated salvage value is $100,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation. 1. What is the balance in accumulated depreciation on December 31, 2021. 2. Make the journal entry to record the sale of the asset on December 31, 2021 assuming that it was sold for $140,000