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Lena Horn bought a Toyota Tundra on January 1 for $ 2 8 , 7 0 0 with an estimated life of 6 years. The

Lena Horn bought a Toyota Tundra on January 1 for $28,700 with an estimated life of 6 years. The residual value of the truck is $4,100. Assume a straight-line method of depreciation.
a. What will be the book value of the truck at the end of year 4?
02:58:04
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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