weak 7 11210 Financial Remaining Time: 57 minutes, 03 seconds. Question Completion Status: QUESTION 10 Fablan Woodworks This company purchased a truck at a cost of $12,000. The truck has an estimated residual value of $2,000 and an estimated ife of 5 or 100,000 hours of operation. The truck was purchased on january 1, 2012, and was used 27,000 hours in 2012 and 26,000 hours Refer to Fabian Woodworks. What amount will be reported as depreciation expense over the S year fe of the equipment? $ 4,000 $12,000 $10,000 8,000 QUESTION 11 Fablan Woodworks This company purchased a truck at a cost of $12,000. The truck has an estimated residual value of $2,000 and an estimated life of 5 years, or 100,000 hours of operation. The truck was purchased on January 1, 2012, and was used 27,000 hours in 2012 and 26,000 hours n 2013. Refer to Fabian Woodworks. Based on the information presented above, what method of depreciation will maximize depreciation expense in 20127 straight-ine double-declining-balance units-of production All methods produce the same expense in 2012 Cliek Sove and Submit to save and submit. Click Save All Answers to save all ansicers Save