Question 471 point Portom 38 th 47. cassily the following expenditures of the Golden Company How would the item below be done? Paid $12.500 for delinquent real estate taxes 10 14 IS Land Olding Ement and Machinery Expense Question 48 14 point Form 48, 49 and 50 use the following information for the cell Company Peace Hill Company equipment on anary 01, 2000 for $50.000 The cument has an estimated stue of 10 years and an estimated dual value of $5.000. The equipment is expected to produce 100.000 units During 2000 the equipment produced 12.000 units and during 2021 the moment produced 8.000 What is the amount of depreciation expens for 2020 and 2021 under the Straight-line method 3 2020-55.000:20:1-55.000 30 2000-2500 2021-59.000 2021-450D 2000 -4.500 2000- 55.000 2021-510.000 10 Question 49 14 points Forms and the following formation for the Play Peace Company count onary 01. 2020.000 The months side of 10 years and med 55.000 Thement is expected to produce 100.000 During 2020 then produced 12.000 units and during 2001 het What is the moderation for 2000 and 2001 under the Activity the 2020-55.000 2001-200 2000-510DCO 2001-520.000 2000-2500 2000-4000 v X Chapters 8, 9 and 10 Time Left:0:07:43 lleha Pickens: Attempt 1 Expense Question 48 (4 points) For items 48, 49 and 50, use the following information for the Peace Hall Company, Peace Hall Company acquired equipment on January 01, 2020 for $50,000. The equipment has an estimated useful life of 10 years and an estimated residual value of $5,000. The equipment is expected to produce 100,000 units. During 2020 the equipment produced 12,000 units and during 2021 the equipment produced 8,000 units. What is the amount of "depreciation expense" for 2020 and 2021 under the Straight-line method? 2020-$5,000; 2021. -$5,000 2020--$4,500: 2021.-$9.000 1 2020--$4,500; 2021--$4,500 4 2020-$5.000; 2021. -$10,000 7 30 Question 49 (4 points) For items 48, 49 and 50, use the following information for the Peace Hall Company. Peace Hall Company acquired equipment on January 01, 2020 for $50,000. The equipment has an estimated useful life of 10 years and an estimated residual value of $5,000. The equipment is expected to produce 100,000 units. During 2020 the equipment produced 12,000 units and during 2021 the equipment produced 8,000 units. What is the amount of "depreciation expense" for 2020 and 2021 under the Units- of-Activity method? 33 36 39 2020--$5,400; 2021.-$3,600 42 2020--$10,000 2021.-$20,000 2020--$4,500 2021--$9,000 2020--56,000 2021.-$4,000
