Wexford Co. Wexford Co. purchased a new delivery truck at the beginning of 2017. The truck has a cost of $37,000, an estimated life of five years, and an estimated residual value of $7,000. A full year's depreciation expense is to be recorded in 2017. The truck was driven 20,000 miles during 2017 and 24,000 miles during 2018. The number of expected milles over five years is 100,000. Refer to the information for Wexford Co. By what amount would double-dedining-balance depreciation exceed straight-line depreciation over the five-year life of the truck? Oa. The residual value of $7.000 Ob. Cost plus total depreciation Oc. Cost less total depreciation Od. Total depreciation expenses under double declining balance and straight line depredation are equal Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Exeter Corporation purchased a piece of equipment with a price of $80,000 on March 1, 2019. The amounts below are related to the equipment purchase. Match the items below and explain why each revenue expenditure is not capitalized. Clear All Terms of the purchase were 2/10, net 30. Exeter paid for the purchase on March 8.) This Item should be included as part of the cost of the equipment. $3,000 freight costs were paid to ship the equipment from the manufacturer. This item should be considered a revenue expenditure. A state agency required that a pollution control device be installed on the equipment at a cost of $5,000, During the installation, the equipment was damaged and repair coats of $2,000 were incurred