campbe G Gmail Tools Help art a January 1, 2018, for $36,000. In five year ite and a salvage value of $4,000 City Taxi Service purchased a new auto to use as a taxi on $1200 for the vehicle. The taxi is expected to have a Required n. Using the straight-line method, compute the depreciation expense for 2018 and 2019 the van was sold on January 1,2020, for $21,000 Determine the amount of gain or loss that would be recognized on the asset disposal. (Amounts to be deducted should be indicated with minus sign.) 2019 Depreciation Reference links Prev 9of 9111 Next SAMSUNG