Question: answer both questions Multiple Choice Question 115 Blue Spruce Corp. bought equipment on January 1, 2022. The equipment cost $250000 and had an expected salvage

answer both questions answer both questions Multiple Choice Question 115 Blue Spruce Corp. bought

Multiple Choice Question 115 Blue Spruce Corp. bought equipment on January 1, 2022. The equipment cost $250000 and had an expected salvage value of $75000. The life of the equipment was estimated to be 4 years. The company uses the straight-line method of depreciation. The book value of the equipment at the beginning of the third year would be $250000 $162500 $175000 $87500 Multiple Choice Question 66 Sunland Company purchases a new delivery truck for $69000. The sales taxes are $3800. The logo of the company is painted on the side of the truck for $2000. The truck's annual license is $170. The truck undergoes safety testing for $300. What does Sunland record as the cost of the new truck? $75270 $75100 $72800 $73100 hoice 101

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