Question: I need help in these questions. Please do them fast. I have only 15 minutes Question 11 3.33 pts On January 1, 2020, Van Eli

I need help in these questions. Please do them fast. I have only 15 minutes

I need help in these questions. Please do them fast. I have

only 15 minutes Question 11 3.33 pts On January 1, 2020, Van

Eli Company purchases a machine with a useful life of 8 years

Question 11 3.33 pts On January 1, 2020, Van Eli Company purchases a machine with a useful life of 8 years for $70,000. The estimated salvage value is $6,000. Depreciation expense for 2021 using the straight-line method is $8,000 $16,000 $8,750 $4.500 Question 12 3 pts On January 1, 2020, Van Eli Company purchases a machine with a useful life of 8 years for $68,000. The estimated salvage value is $4,000. The depreciation for the 2020 using the double-declining balance method is $8,000 $17.000 $8.500 O $16.000 Question 13 3 pts On January 1, 2020, Van Eli Company purchases a machine with a useful life of 8 years for $60,000. The estimated salvage value is $4,000. If the machine's estimated production over its useful life was 48,000 units and 7,200 units were produced in 2022, then depreciation expense in 2022 is $4.000 $9.000 $3.733 $8.400 Thr

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