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Lena Horn bought a Toyota Tundra on January 1 for $ 2 3 , 0 0 0 with an estimated life of 4 years. The
Lena Horn bought a Toyota Tundra on January for $ with an estimated life of years. The
residual value of the truck is $ Assume a straightline method of depreciation.
a What will be the book value of the truck at the end of year
Answer is complete and correct.
b If the Tundra was bought the first year on April how much depreciation would be taken the
first year?
Answer is complete but not entirely correct.
ROUND DEPRECIATION VALUE TO NEAREST WHOLE NUMBER
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