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24. Brock Florist Company buys a new delivery truck for $29,000. It is classified as a ligh duty truck Calculate the depreciation schedule using a
24. Brock Florist Company buys a new delivery truck for $29,000. It is classified as a ligh duty truck Calculate the depreciation schedule using a five-year life, straight-line depreciation, and the half-year convention for the first and last years Calculate the depreciation schedule using a five-year life and M depreciation Compare the depreciation schedules from parts (a) and (b) before and after taxes using a 30% tax rate. What do you notice about the difference between these two methods? a. b. c
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