Brazil Group purchases a vehicle at a cost of $50,000 on January 2, 2012.Individual components of the vehicle and useful lives are as follows.

Instructions(a) Compute depreciation expense for 2012, assuming Brazil depreciates the vehicle as a single unit.(b) Compute depreciation expense for 2012, assuming Brazil uses component depreciation.(c) Why might a company want to use component depreciation to depreciate itsassets?

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Useful Lives Cost Tires Transmission Trucks 2 years 5 years 10 years 10,000 34,000