Straight-Line, Double-Declining Balance, Units of Porudction, and Bank Reconginiton Problems. Please Show work via written or typed. No Excel. Thank you!

The notes from the 2016 annual report for BIG Inc. showed a PP&E historical cost of $6,805 at the end of 2016. At the end of 2015 the PP&E historical cost was $7,327. During 2016, the company purchased new equipment for $254. The balance in the accumulated depreciation at the end of 2016 was $5,254. At the end of 2015, the balance in the accumulated depreciation account was $5,516. Depreciation expense for 2016 was $420. The company reported a $14 gain on the sale of PP&E during 2016. 1. How much cash did BIG Inc. receive during 2016 for the PP&E assets that were sold? Big Show Enterprises purchased a video camera for $90,000. The estimated life of this camera is 5 years and the expected residual value is $10,000. On January 1, 2016 the balance in the camera's related accumulated depreciation account was $70,560. The company is using the double declining balance method for estimating depreciation expense 2. How long has the company owned this equipment