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Use the Information to Match the Answer to the Correct

Question 45

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Use the information to match the answer to the correct question.

The original cost of a truck was $28,000 with an estimated life of 5 years.

Premises:
What is the first-year depreciation?
What is the end-of-year book value?
What is the second-year accumulated depreciation?
What is the second-year depreciation?
Responses:
$16,800
$17,920
$6,720
$11,200

Correct Answer:

What is the first-year depreciation?
What is the end-of-year book value?
What is the second-year accumulated depreciation?
What is the second-year depreciation?
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