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Suppose that a company purchases a truck at a price of 240.000$ on 1 January 2019. The useful life of the truck is presumed to
Suppose that a company purchases a truck at a price of 240.000$ on 1 January 2019. The useful life of the truck is presumed to be 5 years. The company prefers to use accelerated method of depreciation. Starting from which year should the company switch to straight-line method of depreciation for tax purposes?
a) 2020
b) 2021
c) 2022
d) 2023
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