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[The following information applies to the questions displayed below.) The balance sheets of HiROE, Inc., showed the following at December 31, 2017, and 2016: December 31, 2017 December 31, 2016 Equipment, less accumulated depreciation of $29,400 at December 31, 2017, and $21,000 at December 31, 2016. $ 37,800 $ 46.200 14. value 1.00 points Required: a. If there have not been any purchases, sales, or other transactions affecting this equipment account since the equipment was first acquired, what is the amount of the depreciation expense for 2017? Depreciation expense Assume the same facts as in part and assume that the estimated useful life of the equipment to HIROE, Inc., is eight years and that there is no estimated salvage value. b-1. What was the original cost of the equipment? Original cost b-2. What depreciation method is apparently being used? O Straight-line method O Double declining method O Written down value method Units of production method O Sum-of-the-years' digits method b-3. When the equipment was acquired? July 1, 2014 O December 31, 2014 July 1, 2013 O March 31, 2012 O December 31, 2015 [The following information applies to the questions displayed below.) The balance sheets of HiROE, Inc., showed the following at December 31, 2017, and 2016: December 31, 2017 December 31, 2016 Equipment, less accumulated depreciation of $29,400 at December 31, 2017, and $21,000 at December 31, 2016. $ 37,800 $ 46.200 14. value 1.00 points Required: a. If there have not been any purchases, sales, or other transactions affecting this equipment account since the equipment was first acquired, what is the amount of the depreciation expense for 2017? Depreciation expense Assume the same facts as in part and assume that the estimated useful life of the equipment to HIROE, Inc., is eight years and that there is no estimated salvage value. b-1. What was the original cost of the equipment? Original cost b-2. What depreciation method is apparently being used? O Straight-line method O Double declining method O Written down value method Units of production method O Sum-of-the-years' digits method b-3. When the equipment was acquired? July 1, 2014 O December 31, 2014 July 1, 2013 O March 31, 2012 O December 31, 2015

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