please answer all 4! thank you!

You install all new hardwood floors in your upscale ski resort. The total cost of the floor installation is $62,000. Instead of realizing the full expense in this fiscal year, you will depreciate the cost over the useful life of the floors. You expect the floors will have a useful life of 12 years, and the scrap value will be $1,000. Using straight line depreciation, how much depreciation should you recognize each year? $4,000$5,083.33$5,166.67$6,200.10 Question 2 You purchase a new pizza oven for $9,950 which will have a scrap value of $900. Assuming a 35% depreciation rate, how much depreciation would you recognize in year one when using the Double Declining Balance depreciation method? $2,810$3167.50$3482.50$3,572.75 Continuing with the pizza oven example... in what year will the pizza oven value fall below scrap value, meaning that will be the end of its useful life? Year 5 Year 6 Year 7 Year 8 Question 4 2.5pts A restaurant can copyright their menu design for a period of 120 years. The value of that copyright will be decreased over that 120 -year period. This decrease in value is called: Depreciation Devaluation Amortization Reduction