Brock Florist Company buys a new delivery truck for $34,000. It is classified as a light-duty truck. the tax rate is 0.3

a. Calculate the depreciation schedule using a five-year life and MACRS depreciation.

b. Calculate the remaining book value at the end of year 4 and the termination value (aka. cost recovery or after tax salvage value) for the delivery truck if the truck can be sold at the end of year 4 for$2,000.

a.Calculate the depreciation schedule using a five-year life and MACRS depreciation. (Round to the nearest dollar.)

	Annual Depreciation
Year 1	$
Year 2	$
Year 3	$
Year 4	$
Year 5	$
Year 6	$

b. Calculate the remaining book value at the end of year 4 and the termination value (aka. cost recovery or after tax salvage value) at the end of year 4 for the delivery truck.

Remaining book value at the end of year 4 is $5,875(Round to the nearest dollar.)The termination value (cost recovery or after tax salvage value) at the endo of year 4 is $3,163(Round to the nearest dollar.)