Question no 2 Assume a VEICHLE is purchased by a company on January 1, 2010Year One, for cash of $160,000. Based on experience with similar VEICHLES, officials believe that this vehicle will be worth only $20,000 at the end of an expected 10-year life. REQUIRED A- calculate the annual depreciation using straight line method, B- record the transaction in the acc journal FOR THE FIRST THREE YEARS ONLY https://youtube/ pSeN30SuiA Question no 3 Draw the income statement from the following data. Sales revenues $100,000- marketing expenses $30,000- interest revenues$ 40,000- interest expenses $30,000- selling expenses $10,000- rent revenues $10,000- rent expenses $ 5,000. https://voutu.be/ekiz3fBCQuw https://youtu.be/4j8CHAItktE Question no 5 Giving the following data, draw the balance sheet: $100,000 lands- $150,000 equipment -$180 0,000 buildings -$140 ,000 account receivable - $ 90,000 account payable - $10,000 retained earnings - -$70,000 intangible assets -$5,000 prepaid expenses -$20,000 short term loan https://youtube/wyhNN6Z2UPo https://youtu.be/t5J9GFmNABE