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question 15 and 16 help please Question 15 (3 points) Which of the following is correct regarding economic depreciation of the new beet processing machine?

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question 15 and 16 help please

Question 15 (3 points) Which of the following is correct regarding economic depreciation of the new beet processing machine? Total depreciation is $350,000 and the annual straight-line depreciation is $50,000 Total depreciation is $350,000 and the annual straight-line depreciation is $35.000 O Total depreciation is $300,000 and the annual straight-line depreciation is $30,000 O Total depreciation is $300,000 and the annual straight-line depreciation is $42,857 None of the above Question 16 (3 points) How much tax depreciation can Schrute Farms deduct for the beet processing machine in year 3? $50,000 $52,605 $54,475 E UN $87,500

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