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Depreciation expense. Brock Florist Company buys a new delivery truck for $32,000. It is classified as a light-duty truck a Calculato the depreciation schedule using

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Depreciation expense. Brock Florist Company buys a new delivery truck for $32,000. It is classified as a light-duty truck a Calculato the depreciation schedule using a five-year life, straight-line depreciation, and the half-year convention for the first and last years. b. Calculate the depreciation schedule using a five-year life and MACRS depreciation, c. Compare the depreciation schedules from parts (a) and (b) before and after taxes using a 30% tax rate. What do you notice about the difference between these two methods? 2. Using a five-year ife, straight-line depreciation, and the half year convention for the first and last years, what is the annual depreciation of the truck? Round to the nearest dollar) What is the depreciation for the first and last year? (Round to the nearest dollar) 1. Using a five-year lite and MACRS depreciation, what is the annual depreciation of the truck for your 12 (Round to the nearest dollar) What is the annual depreciation of the truck for year 2? (Round to the nearest dolar) What is the annum depreciation of the track for year Round to the nearest dollar) What is the annual depreciation of the truck for year 4? (Round to the nearest dollar) What is the aus depreciation of the truck for your ? (Round to the new outdoor) What is the annual depreciation of the truck for year? (Round to me nearest dollar) c. Compare the depreciation schedules from parts in) and (b) before and after taxes using a 30% tax rate. What do you notice about the difference between these two methods? Select the best response O A The differences that the MACRS depreciation moves up the tax shield to the early years of depreciation yet the total tax this is the sale under both depreciation schedule OB. The difference is that the strughtine method of depreciation moves up the tax shield to the early years of depreciation of the total tax is the same under both depreciation whes

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