URGENT!! PLEASE HELPP!!

How is depreciation recorded at year end? Select all that apply. (2 points)

Decrease Depreciation Expense

Increase Cash

Increase Equipment

Decrease Cash

Increase Depreciation Expense

Decrease Accumulated Depreciation

Increase Accumulated Depreciation

What is the accumulated depreciation at the end of 2022? (2 points)

How much depreciation expense should be recorded in 2024, the year of the disposal? (2 points)

What is the book value on the disposal date? (2 points)

What is the gain or loss on the disposal? If a loss, enter as a negative number (i.e. as -1000). If a gain, enter as a positive number without a + sign (i.e., as 1000). (2 points)

Vaughan Manufacturing Inc. purhased and later sold a machine. Details relating to the machine are below.

Acquisition cost	$180,000
Date of purchase	1-Mar-20
Date put into use	1-Jun-20
Estimated useful life in years	6
Estimated residual value	$36,000
Date of disposal	1-Sep-24
Proceeds of disposal (cash)	$70,000