Each truck cost 18000 and has an expected life of 4 years, Business Economics

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Each truck cost 18000 and has an expected life of 4 years

To meet increased delivery demands, the Moo-Cow Dairy has just purchased 10 new delivery trucks. Each truck cost $18,000 and has an expected life of 4 years. The trucks can each be sold for $2000 after 4 years. Using MACRS:

(a) Determine the depreciation schedule for each truck.

(b) Determine the book value at the end of each year.

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Business Economics: Each truck cost 18000 and has an expected life of 4 years

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Business Economics: Each truck cost 18000 and has an expected life of 4 years

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