Question 8 3 pts Beck Enterprises purchased a depreciable asset at a cost of $100,000. The asset is expected to have a salvage value of $20,000 at the end of its five-year useful life. If the asset is depreciated two full years using the straight-line method, the asset's book value will be $68,000 O True False Question 9 3 pts Block Corporation purchased a depreciable asset at a cost of $200,000. The asset is expected to have a salvage value of $20,000 at the end of its ten-year useful life. If the asset is depreciated three full years using the straight-line method, and then sold for $130,000, Block will have a gain on the sale of $4,000. True False