rrent Attempt in Progress On March 2, Bramble Inc. obtained a loan for $118000 for 5 years at 3%. Payments are $2120 per month. How much interest expense is recorded with the first instalment payment? O $2120 O $1770 N $3540 $295 Vhich depreciation method calculates annual depreciation expense based on carrying amount at the beginning of each year O straight-line O units-of-production O diminishing-balance O all of the above The method of depreciation used most frequently by publicly traded companies is: O Residual Value O Amortization Method O Straight line Method O None of the above