Question 9 (2 points) Wexford Co. Wexford Co. purchased a new delivery truck at the beginning of 2017. The truck has a cost of $37.000) an estimated life of five years, and an estimated residual value of $7.000. A full year's depreciation expense is to be recorded in 2017. The truck was driven 20,000 miles during 2017 and 24.000 miles during 2018. The number of expected miles over five years is 100,000. Refer to the information for Wexford oo By what amount would double-declining balance depreciation exceed straight-line depreciation oven the five-year life of the truck? The residual value of $7,000 Cost less total depreciation 5 Cost plus total depreciation + Total depreciation expenses under double-declining-balance and straight-line depreciation are equal. 9 Question 10 (2 points) Which of the following is not an operating activity 2 Cash collections from credit customers 25 Cash payments for operating expenses Cash receipts for interest earned 28 Cash payments for dividends to stockholders