Question: Hello, I please need help with 21, 22, 23, and 24 Thank you :) Question 21 2.5 pts Sal Company recently purchased a truck. The

 Hello, I please need help with 21, 22, 23, and 24
Thank you :) Question 21 2.5 pts Sal Company recently purchased a
truck. The price negotiated with the dealer was $40,000. Sal also paid
sales tax of $2,000 on the purchase, shipping and installation costs of
Hello, I please need help with 21, 22, 23, and 24
Thank you :)

Question 21 2.5 pts Sal Company recently purchased a truck. The price negotiated with the dealer was $40,000. Sal also paid sales tax of $2,000 on the purchase, shipping and installation costs of $3,000, and insurance for the first year of operation of $4,000. For the truck, what amount should be capitalized to the asset account Vehicles? $42,000 $49,000 $40,000 $45,000 Question 22 2.5 pts Please use the following information for questions 22, 23, and 24. You buy a machine on January 1, 2016 for $10,000. The residual value is $2,000. The machine has an estimated useful life of 4 years or 8,000 units. The machine produces 3,000 units in 2016. Calculate straight-line depreciation for the year of 2016: $6,000 $2,000 $3,000 $5,000 Question 23 Calculate double declining balance depreciation for the year 2016. $5,000 $6,000 $3,000 $2,000 Question 24 Calculate depreciation using the units of production method for 2016. $2,000 $3,000 O $5,000 $6.000

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