QUESTION 7 In January 1, 2011, Alkhaleej Inc purchased an equipment. The following information is given Cost $800,000 Useful le 5 years Residual value = $50,000 Production expected during its userule150,000 unts Required 1: Calculate the annual depreciation for the first 2 years using Straight line method Solution A) Straight line method ...I4 points) Blesund 2 Ansure the information above is for an oil wet, by considering the following extra information, calculate the sette for the ow well in the Net The acted units of the wee fotos 2011 40.000 units 2013 35.000 2012 = 45 000 units 2014 - 20.000 2015 >10.000 .../4 points) TTTA T- Click the butter and SA