Question
On January 1, our company purchased a truck for $95,000. The estimated useful life of the truck is 5 years. The residual value at the
On January 1, our company purchased a truck for $95,000. The estimated useful life of the truck is 5 years. The residual value at the end of 5 years is estimated to be $15,000. What is the depreciation expense for the second year of use if we use the straight-line method?
$38,000
$16,000
$19,000
$32,000
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Information Technology Security Audit Guidebook NIST SP 800-171
Authors: Mark A Russo CISSP-ISSAP CISO
1st Edition
1726674908, 978-1726674904
