9 3 Homework Save Help Save & E Check my work On January 1, Year 1, Your Ride Inc. paid $40,000 cash to purchase a taxi cab. The tax had a 5-year useful life and a $5,200 salvage value. Required a. Determine the amount of depreciation expense that would appear on the Year 1 and Year 2 income statements using the sta line method. ebook Price Year 1 Year 2 Depreciation expense 4 b. Determine the amount of accumulated depreciation that would appear on the Year 1 and Year 2 balance sheets Year 1 Year 2 Accumulated depreciation < Prev 9410 hed > 9 204 JVING