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Depreciation expense. Brock Florist Company buys a new delivery truck for $28,000. It is classified as a light-duty truck. a. Calculate the depreciation schedule using

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Depreciation expense. Brock Florist Company buys a new delivery truck for $28,000. It is classified as a light-duty truck. a. Calculate the depreciation schedule using a five-year life, straight-line depreciation, and the half-year convention for the first and last years. b. Calculate the depreciation schedule using a five-year life and MACRS depreciation, E c. Compare the depreciation schedules from parts (a) and (b) before and after taxes using a 30% tax rate. What do you notice about the difference between these two methods? What is the depreciation for the first and last years? $(Round to the nearest dollar.) b. Using a five-year life and MACRS depreciation, what is the annual depreciation of the truck for year 1? (Round to the nearest dollar.) What is the annual depreciation of the truck for year 2? S (Round to the nearest dollar.) What is the annual depreciation of the truck for year 3? S (Round to the nearest dollar.) What is the annual depreciation of the truck for year 4? (Round to the nearest dollar.) What is the annual depreciation of the truck for year 5? (Round to the nearest dollar.) What is the annual depreciation of the truck for year 6

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