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Lena Horn bought a Toyota Tundra on January 1 for $33,600 with an estimated life of 5 years. The residual value of the truck is

Lena Horn bought a Toyota Tundra on January 1 for $33,600 with an estimated life of 5 years. The residual value of the truck is $5,600. 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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