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Beta Corp. purchased a machine for $69,000 on January 1, 2020. The machine is expected to have a five-year useful life and a residual value of $7,800. Using the straight-line method, the book value of the machine as of December 31, 2020, would be: Multiple Choice $48,960. O $47,400. $55,200. $56,760. On January 1, 2020, Beta Corp. purchased a truck for $64,000. The truck is expected to have a four-year useful life, with a residual value of $8,000 at the end of year four. Using the double-declining-balance method, depreciation for 2020 and book value at December 31, 2020, would be: Multiple Choice $28,000 and $36,000 respectively. $32,000 and $32,000 respectively. $28,000 and $28,000 respectively. $32.0.0.0 and $24.000. respectively... Beta Corp. acquired Sands Corp. for $53,350,000. The fair value of all of Sands Corp.'s net identifiable assets was $50,000,000. Beta Corp. will amortize any goodwill over the maximum number of years allowed under US GAAP. What is the annual goodwill amortization expesnse arising from this acquisition? Multiple Choice $3,350,000 O $0 O $1,675,000 O O $837,500