Remaining Time: 2 hours, 45 minutes, 45 seconds. v Question Completion Status: Allownace for DA: $8,025.00 Bad Debit Expenses $8,575.00 Allownace for DA: $8,575.00 QUESTION 5 The Bendell Company purchased a piece of machinery for $120,000.00. It has an estimated useful life of five years or 12,000 hours and a residual value of $6,000.00. What is the calculated depreciation for years 1 and 2 by the Average Costs method? Year 1: $48,000 Year 2: $28,600 O Year 1: 46,000 Year 2: $29,000 QUESTION 6 The Gatedown Company's bank statement has an ending cash balance of $14.110.00. The cash account Click Save and Submit to save and submit. Click Save All Answers to save all answers. 11.11111 poin 11.11111 por Save All Answers Raining now