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Depreciation expense. Brock Florist Company buys a new delivery truck for A. Depreciation expense . Brock Florist Company buys a new delivery truck for $29

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Depreciation expense.Brock Florist Company buys a new delivery truck for

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Depreciation expense . Brock Florist Company buys a new delivery truck for $29 , 000 . It is classified as a light-duty truck . a . Calculate the depreciation schedule using a five -year life , straight-line depreciation , and the half -year convention for the first and last years . 6. 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 ?! a . Using a five-year life , straight-line depreciation , and the half -year convention for the first and last years , what is the annual depreciation of the truck ?" $ 5800 ( Round to the nearest dollar . ) What is the depreciation for the first and last years ?" $ 2900 ( Round to the nearest dollar . ) b. Using a five-year life and MACRS depreciation , what is the annual depreciation of the truck for year 1 ?' $\\ ( Round to the nearest dollar . )MACRS Fixed Annual Expense Percentages by Recovery Class Year 3-Year 5-Year 7-Year 10-Year 33.33% 20.00% 14.29% 10.00% 2 44.45% 32.00% 24.49% 18.00% 3 14.81% 19.20% 17.49% 14.40% 4 7.41% 11.52% 12.49% 11.52% 5 11.52% 8.93% 9.22% 6 5.76% 8.93% 7.37% 7 8.93% 6.55% 8 4.45% 6.55% 9 6.55% 10 6.55% 11 3.28%MACRS Fixed Annual Expense Percentages by Recovery Class Year 3-Year 5-Year 7-Year 10-Year 33.33% 20.00% 14.29% 10.00% 44.45% 32.00% 24.49% 18.00% 14.81% 19.20% 17.49% 14.40% 7.41% 11.52% 12.49% 11.52% N O t LO ON 11.52% 8.93% 9.22% 5.76% 8.93% 7.37% 8.93% 6.55% 8 4.45% 6.55% 9 6.55% 10 6.55% 11 3.28%

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