Question 8 10 pts A company purchased factory equipment for $740,000. It is estimated that the equipment will have a $79,000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, what would be the amount of annual depreciation recorded for the first year after purchase? O $132.200 $370,000 $264,400 O $148,000 $296,000 D Question 9 10 pts TamTam Company sold equipment that costed $60,900 for $11,250. The equipment had accumulated depreciation of $50,950. Which of the following entries would NOT be included from this sale? Debit to Loss on Disposal of Fixed Assets $1,300 O Credit to Equipment 560.900 Credit to Gain on Disposal of Fixed Assets $1,300 Debit to Accumulated Depreciation $50,950 Debit to Cash $11.250