Question 24 Not yet answered Points out of 2.5 Flag question At the beginning of the year, Gal Company had liabilities of $50,000 and stockholders' equity of $96,000. If assets decreased by $30,000 and liabilities decreased by $40,000, what was the stockholder's equity at the end of the year? a. $70,000 b. $166,000 c. $106,000 d. $26,000 e. $86,000 Question 25 Not yet answered Points out of 2.5 Flag question The Hawaii Company purchases a machine on 1/1/21. Details include: Cost Salvage value Estimated life $80,000 $4,000 10 years Assume Double-declining balance depreciation. Indicate the following amount: 2022 Depreciation Expense a. $67,200 b. $12,800 c. $51,200 d. $28,800 e. $12,160