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please answer alll 3 questions Oeston 5 Wory ABC Company purchased equipment for $60,000 on January 1, 2018. The estimated useful le of the equipment

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Oeston 5 Wory ABC Company purchased equipment for $60,000 on January 1, 2018. The estimated useful le of the equipment is 5 years, with a residual value of $5,000 the end of the years Using the double declining balance method, depreciation expense for 2019 would be ned out at 100 Select one or more a $22,000 $13,200 @c: $24,000 d. $14.400 6 ABC Company purchased equipment for 300,000 on January 1, 2016. The estimated unohut life of the equipment in 5 years, with a residual value of $5,000 al Lising the double declining bulance method, the book value at December 31, 2019 would be the end of five years Marted w Select one or more a $24,00 545,000 B. $20,000 d: 521.000 D7 Naye XYZ Company purchases a copyright for $50,000. The copyright has a legal e of 25 years and useful life of 5 years. The residual value is expected to be 20. Assuming the company uses the straight-line method, what is the amortization experte for the first year auto Select one or more $2,000 b. 50 4. 510,000 0:53.333

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