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Dillard Company starts the year with $10,000 in its cash account, $10,000 in its equipment account, $2,000 in accumulated depreciation and $18,000 in its retained earnings account. During the year Dillard sells the equipment for 57,720. After the sale of equipment is recorded, the retained earnings account will have a balance of $_ n 2 O out of 1 points Uber Inc purchased a car for $40,100. The car has a salvage value of $2,100 and is estimated to be in use for 100,000 miles. What is the depreciation expense for Year 2 assuming mileage used in year 1 was 16,380, year 2 was 18,760, and year 3 was 19,550? $_ n3 O out of 1 points Duncan Company purchased a machine that cost $79,079, has an estimated residual value of $2,740, and has an estimated useful life of 5 years. Using the double declining balance methid, what is the depreciation expense for year 2? n 4 O out of 1 points Hadley Company purchased an asset with a list price of $56,330. Hadley paid $717 of transportation-in cost, $521 to train an employee to operate the equipment, and $792 to insure the asset against theft after it has been set up in the factory. The asset was purchased under terms 2/2030 and Hadley paid for the asset within the discount period. Based on this information, Hadley would capitalize the asset on its books at what dollar amount? 5