Question On March 2, 2014, Glen Industries purchased a fleet of automobiles at a cost of $550,000. The cars are to be depreciated by the straight-line method 14 Not yet answered Markand out of 1 Select one: P Flag question 0 a $495.000 over five years with no salvage value. Glen uses the half-year convention to compute depreciation for fractional periods. The book value of the fleet of automobiles at December 31, 2015, will be: Ob. $165,000 c$385,000 d.$330,000