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On April 30, 2009, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, with an $8,000 residual value. value: 3.00 points Refer to the Information above. Assume that in its financial statements, Tilton Products uses straight-line depreciation and the half-year convention. Depreciation expense recognized on this machinery in 2009 and 2010 will be O $7.500 in 2009 and $11,000 in 2010. O $6,000 in 2009 and $12,000 in 2010. $5,000 in 2009 and $10,000 in 2010. O $11,000 in 2009 and $5,500 in 2010. value: 3.00 points Refer to the information above. Assume that in its financial statements, Tilton Products uses the 200%- declining-balance method and the half-year convention. Depreciation expense in 2009 and 2010 will be: O $11,000 in 2009 and $19.250 in 2010. O $22.000 in 2009 and $19.250 in 2010. O $22.000 in 2009 and $16.500 in 2010 O $11,000 in 2009 and $22.000 in 2010