Salvage Value $40 090 Units used in 2011 80 090 Use this information to answer the following question 34 - 37 34 . Using straight - line depreciation , for the year 201 1 , We shoul d record depreciation expense of 2 590.000 $ 40 000 $50 000 $45000 35 . Using the units -of - activity depreciation method for the year 2011 , We should record depreciation expense of $32, 000 b . $28 800 $16 000 d. $14, 040 36 . Using Double Declining Balance to depreciate the asset , we should record depreciation expense in 2012 of 2 . $200,000 b . $150, 00 C . $100.000 d . $50 00 37 . Assume we purchased the equipment on January 1 2011 . After two years using straight line depreciation we determined that the useful life should have been si ave been six years . What should depreciation expense in 2013 ( third year ) b 2 . $22500 b . $55 000 C . $45 000 d . $25 000 38 . We purchase a timber tract for $2,090 100 on July 1 2011 . It is expected that the tract will produce 1 000 000 million board feet . The timber tract should last s years and has no salvage value . What will depletion expense be in 2011 if we cut 10 000 board feet and we sell 180.000 board feet . a . $40,000 b. $360 000 $400, 000 $160,000