Depreciation expense.Brock Florist Company buys a new delivery truck for $31000. 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,

Year	3-Year	5-Year
1	33.33%	20.00%
2	44.45%	32.00%
3	14.81%	19.20%
4	7.41%	11.52%
5		11.52%
6		5.76%

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?