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.
$$\begin{array} { | l | l | }
\hline{ \text { Year } } & \text { Depreciation Expense } \
\hline 2011 & \
\hline 2012 & \
\hline 2013 & \
\hline 2014 & \
\hline 2015 & \
\hline 2016 & \
\hline
\end{array}$$

Question

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.
 $$\begin{array} { | l | l | } 
\hline{ \text { Year } } & \text { Depreciation Expense } \
\hline 2011 & \
\hline 2012 & \
\hline 2013 & \
\hline 2014 & \
\hline 2015 & \
\hline 2016 & \
\hline
\end{array}$$

Quizplus · Accepted Answer

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.
 $$\begin{array} { | l | l | } 
\hline{ \text { Year } } & \text { Depreciation Expense } \
\hline 2011 & \
\hline 2012 & \
\hline 2013 & \
\hline 2014 & \
\hline 2015 & \
\hline 2016 & \
\hline
\end{array}$$

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