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A delivery truck has a depreciation basis of $50,000 and the depreciation schedule for the truck is as follows: Year 1 2 3 4 Depreciation
A delivery truck has a depreciation basis of $50,000 and the depreciation schedule for the truck is as follows:
| Year | 1 | 2 | 3 | 4 |
| Depreciation | 33% | 45% | 15% | 7% |
What is the book value of the truck after 2 years?
answer choices are:
$11,000
$39,000
$16,500
$0
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