1. How would you determine which method of depreciation, economic life, and salvage value to use for your accounting depreciation for your business automobile?

2. Do you agree with the current tax law in that we can use one method of depreciation for our accounting records and another method for our tax return (e.g. S-L for books and D-D for our tax return)? The government's posture is that they allow these book/tax return differences to help stimulate the economy by allowing a larger tax depreciation deduction. Briefly explain your yes or no answer!