You are a CPA. The owner of a landscaping business, Larry Lawn, one of your clients, asks you to explain the general concept of depreciation; and the specific difference between straight-line and units of activity deprecation methods.

Required

Write a letter to the client responding to these inquiries. Your response should include, at a minimum:

An introductory, explanatory and concluding paragraph Appropriate salutations Sufficient supporting information and/or examples to effectively respond to the inquiry