on March 2. Year 1. Glen Industries purchased a fleet of automobiles at a cost of $720,000. The cars are to be depreciated by the straight-line method over five ears 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 ecember 31, Year 2. will be: Multiple Choice $216.000 $576,000 $648.000 $504,000 o Ri