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Pepperdine Surfboard Company (PSC) purchased a truck to use for delivering surfboards to customers on 6/1/2015. Data relating to the truck is as follows:
Pepperdine Surfboard Company (PSC) purchased a truck to use for delivering surfboards to customers on 6/1/2015. Data relating to the truck is as follows: Total Cost $18,200, Est. Salvage Value $3,200, Est. Useful Life 5 years Required: Calculate annual depreciation expense, accumulated depreciation, and end of year book value for each calendar year (fully depreciate over the 5 year useful life). Year Depreciation Expense Accumulated Depreciation Book Value at Year End 2015 2016 2017 2018 2019 2020
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