Question 21 Not yet answered Marked out of 1.00 P Flag question When performing trend analysis, each line item is expressed as a percentage of: Select one: the base year amount O O total assets the prior year amount net income O Question 22 Not yet answered Marked out of 1.00 P Flag question Which of the following is not necessary in calculating the depreciation expense for the first year for a newly purchased factory forklift? Select one: O A. Depreciation rate B. Total cost of the forklift at acquisition and the estimated salvage value C. Fair market value of the forklift during its useful life O D. Estimated useful life