Please help with questions 15, 16, 17, and 18.

15. On January 1 of Year 1, Cameron Company purchased a sophisticated piece of equipment costing $300,000. The equipment had a S30,000 salvage value and a 10-year estimated useful life. As of January 1 of Year 4, technology has changed, and it is feared that the value of this sophisticated piece of equipment has been impaired. On January 1 of Year 4, it is projected that the equipment has a remaining useful life of 4 years, a salvage value of zero, and that it will generate cash flows of $45,000 at the end of each year for the next 4 years. The market interest rate is 10%. How much DEPRECIATION EXPENSE will Cameron Company ognize on this piece of equipment during Year 4? Note: Impairment losses are not rec classified as part of depreciation expense. Cameron uses straight-line depreciation. A. $39,413 B. $42,784 C. $71,595 D. S35,661 E. $45,826 16. On January 1 of Year 1, Harry Company purchased a piece of equipment for s200,000. The estimated life of the equipment is 10 years. Harry estimates that the equipment can be sold for $60,000 at the end of its life. Harry Company uses double-declining balance depreciation For Year 2 (the SECOND year), Harry Company's net income was $100,000. What would Harry Company's net income have been in Year 2 (the SECOND year) assuming that Harry Company had initially (on January 1, Year 1) decided NOT to use double-declining balance depreciation but had instead used straight-line depreciation? Note: Ignore income taxes. A. $132,000 B. S118,000 C. S86.000 D. $64,000 E. $104,000