Question 5 O out of 3 point Serimshander, Inc. is a shipping company, transporting goods using cargo ships. On January 1, 2017, the company purchases and puts into service a cargo ship coating $10,000,000. The expected useful life of the ship is 25 years. Scrimshander usos straight-line depreciation 1. Calculate the annual depreciation expense that Scrimshander must recognize on the cargo ship over the next 25 years.(a 2. Calculate the netbook value of the cargo ship as of December 31, 2020 (6) 3. Calculate the netbook value of the cargo ship as of December 31, 2041 ici 4. Assume that Scrimshander continues using this cargo ship throughout 2012. How much depreciation expense should Sermuhander recognize for that year? [d] $400,000.00 $8.400.000,00 Specified Answer for a Specified Answer forb Specified Anwer for Specified Answer ford 50