use the data to answer 31,32,33. thank you!

Use the following for questions 31-33 A company purchases a plece of equipment on January 1. Year 1. for 570.000 and the equipment has an expected service life of fwe years. Its residual value is estimated to be $10,000. Assuming the company uses the straight-line depreciation nethod Question 31 Determine depreciation expense for year 3:$ Question 32 What should be the balance in accumulated depreciation for the equipment as of December 31. Year3? 544000 $92,000 536000 542000