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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. Calculate 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. Calculate 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? a. Calculate 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? Data table MACRS Fixed Annual Expense Percentages by Recovery Class Click on this icon

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