QUESTION 9 Sam purchased a new Fluff on January 1 of 2019. It cost him $90,000, has an estimated savage value of $10,000 and is expected to last 10 years. His adjusting Journal entry to record depreciation for 2020 will be Depreciation Expense 18.000 Accumulated Depreciation 18.000 O Depreciation Expense 3.000 Accumulated Depreciation 8,000 Depreciation Expense 16.000 Accumulated Depreciation 16.000 Depreciation Expense 9.000 Accumulated Depreciation 9.000 O Some other entry QUESTION 10 Johnson Company had 15.000 shares of common stock Outstanding on January 1, 2020. Johnson Company sold 5,000 shares on July 1, 2020 and sold 4.000 more shares on October 1, 2020. Ir the Company earned $500,000, the EPS for 2020 would be O some other number O $33.33 O $27.03 O $22.73 O $28.57 QUESTION 11 You are buying a new BMW. The cost is $50,000 wodown, payable in 60 equal monthly payments which include Interest at an annual rate of 16%. What are the monthly payments? O Some other number $1.013.82 O $8001.09 O $1.215.90 O $ 83333 QUESTION 12 On January 12, Jimmy's Truck Company made a 550,000 credit sale under the terms 2/10,n30. Jimmy receives full payment of the account on January 21, the amount of cash received is: O $49.990 549.000 540 200 O $49.800 O $50,000