If a fixed asset, such as a computer, were purchased on January 1st for $1,733.00 with an estimated life of 5 years and a salvage or residual value of $115.00, what is the journal entry for monthly expense under straight-line depreciation $32360 332360 Select the correct answer. Depreciation Expense Accumulated Depreciation O Accumulated Depreciation Depreciation Fixpense 0 Accumulated Depreciation Depreciation Experte Depreciation Expense Accumulated Depreciation 532360 5323.60 $26.92 $26.92 $26.97 $26.97 Machinery was purchased on January 1 for $64,000.00. The machinery has an estimated life of 7 years and an estimated salvage value of $9,000. Double-declining balance depreciation for the second year would be Select the correct answer 3146632 5125613 513,06122 313,051.22 A 90-day, 10% note for $25,200, dated May 1, is received from a customer on account. The maturity value of the note is the one listed below. Select the correct answer Osto 527.720 1650 525.200