Question 13 (1 point) Global Enterprises purchased a machine on January 1, 2020 for $22,500. The machine had an estimated useful life of 10 years and an estimated residual value of $2,500. Assuming Global uses straight-line depreciation, what would be the book value of the machine on December 31, 2024? 1) $11,250 2) $12,500 3) $0 04) $10,000 Question 14 (1 point) Which of the following intangibles would be capitalized? 1) research O2) advertising 3) goodwill acquired in a purchase 4) internally developed patent Question 15 (1 point) Ponderosa Farms purchased some equipment on January 1, 2020 for $12,600. The equipment has an estimated useful life of 10 years and an estimated residual value of $1,200. The company uses double-declining-balance depreciation. The net book value on January 1, 2021 would be 1) $11,460. 2) $11,340. 3) $10,320. 4) $10,080