Pls ASAP

1. A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 5 years or 15.000 hours. It is depreciated using straight line depreciation. What is the depreciation expense first full year? A. $15,000 B. $12,000 C. $20,000 D. $21.667 fior the Equipment purchased October 1, 2016 for $90,000 has an estimated residual value of $6,000 and an estimated life of 4 years. What is the depreciation expense for the year ended December 31, 2017 using 2. Double Declining Balance? A. $45,000 B. $30,000 C. S39375 D. $11.250 3. The account Allowance for Accumulated Depletion A. is used to show the cost write-off of intangibles B. is the same as Depreciation Expense C. is for discarding fixed assets D. is used to record the cost write off of natural resources Estimating warranty expense is necessary A. To place the expenses in the same period as the revenue earned B. To estimate net realizable value C. To record the cost of doing business using credit D. All of the above ved from a customer an SS000, 8% 180 day note Upon matu ity the 5. On March 1, the company recei company would receive what amount of cash? A. $80,000 B. $83,200 C. $86,400 D. $82,133 6. The jounal entry a company uses to record the discard of machinery would include A. debit to depreciation expense B. debit to accumulated depreciation C. debit to amortization expense D. debit to machinery expense