Thomas has invested $200,000 in a privately held family corporation. The corporation does not do well and must declare bankruptcy. What amount docs Thomas stand to lose? The $200,000 plus any personal assets the creditors demand. Up to his total investment of $200,000. Zero. $100,000. A company purchased office equipment for $40,000 and estimated a salvage value of $8,000 at the end of its 5-year useful life. The constant percentage to be applied against book value each year if the double-declining-balance method is used is 25%. 5%. 40%. 20%