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please answer both questions in 10 min thanks Swifty Corporation purchased a truck at the beginning of 2020 for $108300. The truck is estimated to

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Swifty Corporation purchased a truck at the beginning of 2020 for $108300. The truck is estimated to have a salvage value of $4700 and a useful life of 122000 miles. It was driven 18000 miles in 2020 and 26000 miles in 2021. What is the depreciation expense for 2020? $16672 $15282 $37356 $22074 On January 1, 2014, Bonita Industries purchased equipment at a cost of $398000. The equipment was estimated to have a salvage value of $11000 and it is being depreciated over eight years under the sum-of-the-years-digits method. What should be the charge for depreciation of this equipment for the year ended December 31, 2021? $11056 $48375 $49750 $10750

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