On January 1, Year 1, Your Ride Inc. paid $39,000 cash to purchase a taxi cab. The taxi had a 4-year useful life and a $5,100 salvage value. 66 Ons Required a. Determine the amount of depreciation expense that would appear on the Year 1 and Year 2 income statements using the straight- Une method BOOK Year 1 Year 2 Die Depreciation expenso References b. Determine the amount of accumulated depreciation that would appear on the Year 1 and Year 2 balance sheets Year 1 Year 2 Accumulated depreciation