The Weiss Company purchased a truck for $95,000 on January 2,2011.The truck was estimated to have a $3,000 salvage value and a four-year life.The truck was depreciated using the straight-line method.During 2013,it was obvious that the truck's total useful life would be six years rather than four and the salvage at the end of the sixth year would be $1,500.Determine the depreciation expense for the truck for the six years of its life.

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The Answer of The Weiss Company purchased a truck for $95,000 on January 2,2011.The truck was estimated to have a $3,000 salvage value and a four-year life.The truck was depreciated using the straight-line method.During 2013,it was obvious that the truck's total useful life would be six years rather than four and the salvage at the end of the sixth year would be $1,500.Determine the depreciation expense for the truck for the six years of its life.

The Weiss Company Purchased a Truck for $95,000 on January