Office equipment was purchased for $20,000 and will have a scrap value of $2,000 after 10 years.  If its value is depreciated linearly, find the linear equation that relates value (V) in dollars to time (t) in years: *10 pointsV(t) = 1,800t - 20,000.V(t) = 1,800t + 20,000.V(t) = –1,800t + 20,000.V(t) = –1,800t - 20,000.2.  Suppose you are running a small business that produces handmade crafts. The total cost (C) to produce x units of your craft is given by the equation C=50x+2000, where C is in dollars. Determine the total cost of producing 30 units and interpret the result.*10 points$1500.$2500.$3500.$4500.

A piece of manufacturing equipment has an original value of $500,000 and is to be depreciated linearly over 20 years. At the end of 20 years, it will be scrapped at a value of $40,000. What will be the book value of the machine after 12 years?

Equipment is purchased for $50 000. It is to be depreciated on a diminishing balance basis using a rate of 10%. How much will the carrying amount be at the end of year 3? A. $40500 B. $50 000 C. $36450 D. $45000

A piece of equipment cost a certain factory Rs. 600,000. If it depreciates in value, 15% thefirst year, 13.5 % the next year, 12% the third year, and so on, what will be its value at the endof 10 years, all percentages applying to the original cost?A] 2,00,000B] 1,05,000C] 4,05,000D] 6,50,000

A machine is purchased for $60 000. It is estimated that it has a useful life of 5 years and will then be sold for $5000. Using the straight-line method, calculate the amount of depreciation to be charged for each year of useful life.Group of answer choices$5000$12 000$0$11 000

Alex bought a new car for his daughter.  He knows the value of the car will decrease at a constant rate.  After 3 years, the value of the car is $15,000.  After 5 years, the value of the car of $11,000.  Write and solve a linear equation to find the value of the car after 8 years.