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Alpha Co. purchased a small delivery truck on January 1, 2018. Total cost SAR 68,000 Expected residual value SAR 8,000 Estimated useful life in years

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Alpha Co. purchased a small delivery truck on January 1, 2018. Total cost SAR 68,000 Expected residual value SAR 8,000 Estimated useful life in years 5 years Using Straight Line method, determine the December 31, 2019 (end of year 2) Accumulated depreciation balance SAR 12.000 SAR 56,000 SAR 24,000 SAR 44,000

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