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  3. 20. ace trucking bought a delivery truck for $100,

20. Ace Trucking bought a delivery truck for $100,000 on January 1, 2018. The salvage...

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Accounting

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20. Ace Trucking bought a delivery truck for $100,000 on January 1, 2018. The salvage value of the truck is assumed to be $10,000. Ace uses 150% 5 year declining balance method. The depreciation expense on the truck for year 2018 would be: a. $18,000 S b. $40,000 c. $27,000 d.$30,000 e. $36,000 21. Ace Trucking bought a delivery truck for $100,000 on January 1, 2018. The salvage value of the truck is assumed to be $10,000. Ace uses 150% 5 year declining balance method. The depreciation expense on the truck for year 2019 would be: a. $18,000 b. $24,000 c. $40,000 d.$21,000 e) none of these values

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