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2. Frank and Co. purchased a vehicle for $73,450 to use in their business on August 1, 2021. They believe this vehicle will last for

2. Frank and Co. purchased a vehicle for $73,450 to use in their business on August 1, 2021. They believe this vehicle will last for 5 years and have a salvage value of $15,000. Record the depreciation for December 31, 2021 and December 31, 2022, D
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2. Frank and Co. purchased a vehicle for $73,450 to use in their business on August 1,2021. They believe this vehicle will last for 5 years and have a salvage value of $15,000. Record the depreciation for December 31, 2021 and December 31, 2022

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