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4. On January 1, 2020, European University of Lefke purchased a new bus for the students at a cost of $30000. The useful life of
4.On January 1, 2020, European University of Lefke purchased a new bus for the students at a cost of $30000. The useful life of this bus was estimatedat 4 years, with a residual value of $6000. Fill the table assuming that EUL uses straight line depreciation. Show calculatins in the table(15 points)
Year | Computation | Straight-Line Depreciation Expense | Accumulated Depreciation | Book Value |
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| $ 30000 |
1 |
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2 |
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3 |
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4 |
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Total |
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