QUESTION 3 3.33333 points Save Answer Wildcat, Inc. purchases a machine on January 1, 2016 at a cost of $775,000. The machine will be depreciated over a 10-year useful life by using the double-declining balance method. The managers estimate that the machine will have a salvage value of $37,500 at the end of its useful life. What is the machine's carrying amount at December 31, 2019? a. $317,440 b. $312,188 C. $253,952 Od. $155,000 QUESTION 4 3.33333 points Save Answer Gator, Inc. had net income of $2,500,000 and 500,000 common shares outstanding in 2018. The company paid $450,000 in preferred stock dividends and $30,000 in common stock dividends during the year. The company has 50,000 shares of preferred stock, and each share of preferred stock can be converted in 4 shares of common stock. What was the company's diluted earnings per share (EPS) in 2018? O a. $4.100 b. $3.836 O c. $3.571 d. $3.221