Depreciation expense rock Pont Company buy a new delivery truck for $33,000 tited as a...
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Depreciation expense rock Pont Company buy a new delivery truck for $33,000 tited as a duty truck Calcule the depreciation schedules using a five-year fine depreciation, and the allow convention for the stand last year b. Calcule the depreciation schedule ging a five-year ife and MACRS depreciation Compare e depreciation des from outs) and (b) before and after taxes nga 30 taxe. What do you notice about the difference between the two ods? 2. Using a five your life, woher direction, and the holyear convention for the first and last year, whole mul depreciation of the truck? Round to the reprost dow) Data table - MACRS Fixed Annual Expense Percentages by Recovery Class Click on this to download the date Year 3.Wear . 10- 1 333 2000 1429 10.00 2 4 32009 2449 18.00 3 14 BIN 19 20% 1740 14409 4 7419 1152 12409 112 5 AN 0224 6 5.76 737 7 ON B 8.55 9 8.55 10 11 3. 65 Print Done Depreciation expense Brock Florist Company buys a new delivery truck for $38,000. It is classified as a light-duty truck a. Calculate the depreciation schedule using a five-year life, straight-line depreciation, and the half-year convention for the first and last years. b. Calculate the depreciation schedule using a five-year Ife and MACRS depreciation ? C. Compare the depreciation schedules from parts (a) and (b) before and after taxes using a 30% tax rate. What do you notice about the difference between these two methods? a. Uning a five-year life, straigh-line depreciation, and the half-year convention for the first and last years, what is the annual dopreciation of the truck? Round to the nearest dolar) Data table - MACRS Fixed Annual Expense Percentages by Recovery Class Click on this icon to download the data from this blo Year 3-Year Year 7-Yeur 10-Year 1 33.33% 20.00% 14.29% 10.00% 2 44.45% 3200 24.49% 18.00% 3 1481% 19.20 1749% 14 40% 4 741% 11.52% 12 49% 11.52% 5 11.52% 8.93% 9.22% 6 5.76% 8.93% 737 7 8.93 8.55% 8 445% 6:55 9 6.55% 10 6555 11 3.29 du


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