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Edelweiss Tours purchased a new tour bus for $36,000. Shipping charges were $1,800, and other costs associated with the bus amounted to $620. The bus

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Edelweiss Tours purchased a new tour bus for $36,000. Shipping charges were $1,800, and other costs associated with the bus amounted to $620. The bus is expected to last 6 years and has a residual value of $4,000. Edelweiss elects to use the straight-line method of depreciation. Create a schedule to help you answer the questions below: a. What is the amount of accumulated depreciation after the second year? b. What is the value of the buss after the fifth year

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