Tasty Subs acquired a delivery truck on October 1, 2015, for $ 21,600. The company estimates a

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Tasty Subs acquired a delivery truck on October 1, 2015, for $ 21,600. The company estimates a residual value of $ 1,200 and a six- year service life.

Required:
Calculate depreciation expense using the straight- line method for 2015 and 2016, assuming a December 31 year-end.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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