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Lena Horn bought a Toyota Tundra on January 1 for $29,000 with an estimated life of 4 years. The residual value of the truck is

Lena Horn bought a Toyota Tundra on January 1 for $29,000 with an estimated life of 4 years. The residual value of the truck is $5,800. Assume a straight-line method of depreciation.

a. What will be the book value of the truck at the end of year 4? Book value $

b. If the Tundra was bought the first year on April 12, how much depreciation would be taken the first year?

Depreciation $

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