Tatsuo Corporation purchased farm equipment on January 1, 2019, for $281,000. In 2019 and 2020, Tatsuo depreciated the asset on a straight-line basis with an estimated useful life of five years and a $86,000 residual value. In 2021, due to changes in technology, Tatsuo revised the residual value to $32,000 but still plans to use the equipment for the full five years. What depreciation would Tatsuo record for the year 2021 on this equipment? Multiple Choice $50,600 $57000 $49,800 $25,000 Dr 333 Sved Help Save & Exit Sut 17 Archie Co purchased a framing machine for $64,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $8,000 at the end of four years. Using the sum-of-the-years'-digits method depreciation for 2021 and book value at December 31, 2021, would be: (Do not round intermediate calculations.) 8 02:17:01 Multiple Choice $25 600 and $38,400 respectively $22.400 and $41.600 respectively $22.400 and $33.600 respectively, $25 600 and $30.400 respectively 18 On July 1, 2021, Markwell Company acquired equipment. Markwell paid $202,500 in cash on July 1, 2021, and signed a $810,000 noninterest-bearing note for the remaining balance which is due on July 1, 2022. An interest rate of 7% reflects the time value of money for this type of loan agreement. (PV of $1. PVA of $1) (Use appropriate factor(s) from the tables provided.) For what amount will Markwell record the purchase of equipment? 8 0246.23 Multiple Choice $951,892 $959,510 $859,510 1 $1,012.500