answer all pls

Fixed assets is another name for property and equipment. False True Question 8 Property and equipment is reported at its: historical cost. fair value. depreciation cost. market value. book value. Question 9 Alfalfa Corporation acquired a piece of equipment for $30,000. It has no salvage value and an estimated life of 10 years. Assuming company is using straight-line depreciation, depreciation expense is $3,000 per year. False True