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Question 15 (15 points) A bus is purchased for $41,000. The shipping cost was $740 and adjustments to the engine cost $3,010. Hiring the full-time

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Question 15 (15 points) A bus is purchased for $41,000. The shipping cost was $740 and adjustments to the engine cost $3,010. Hiring the full-time driver costs $20,000. The salvage value is estimated to be $5,000 and the useful life is estimated to be 5 years. The bus is estimated to also be useful for 250,000 miles. Using the straight line depreciation method, calculate the book value at the end of year 3. Hide hint for Question 15 Do not add a comma or the dollar sign in the

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