Solved

A Dodge Ram Delivery Truck Purchased by Fresh Flowers Is

Question 19

Multiple Choice

A Dodge Ram delivery truck purchased by Fresh Flowers is expected to last 3 years. The purchase price was $75,300. Shipping costs were $2,960. The trade-in value is $9,836. Prepare a depreciation schedule using the straight-line method, then enter the accumulated depreciation at the end of year 2 as your answer.


A) $35,684
B) $37,644
C) $51,576
D) $45,616

Correct Answer:

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