Will rate on multiple accounts if all 3 are answered

Question 55) ABC Limited purchased a delivery van on January 1, 2018. The cost of the van is determined to be $22,000 with an estimated residual value of $2,000. The van is expected to be used for 5 years or 100,000 kilometers. ABC has a December 31 year-end. Using the double-diminishing balance method, the depreciation for 2020 is: a. $3,168 b. $5,280 O c. $4,800 O d. $2,880 O e. $8,800 Question 51) The carrying amount of an asset is equal to the a. asset's cost less accumulated depreciation. b. asset's cost less residual value less accumulated depreciation. c. asset's cost less residual value. O d. asset's fair value less its original cost. e. asset's cost-plus residual value less accumulated depreciation. Question 62) The diminishing-balance method of depreciation produces a(n) a. decreasing depreciation expense early period. b. increasing depreciation expense each period. c. diminishing percentage rate each period. O d. constant amount of depreciation expense each period. O e. none of the options