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Brock Florist Company buys a new delivery truck for $37,000. It is classified as a light-duty truck the tax rate is 0.3 a. Calculate the depreciation schedule using a five-year life and MACRS depreciation b. Calculate the remaining book value at the end of year 4 and the termination value (aka cost recovery or after tax salvage value) for the delivery truck if the truck can be sold at the end of year 4 for $8,000 a. Calculate the depreciation schedule using a five-year life and MACRS depreciation (Round to the nearest dolar) Annual Depreciation Year 1 $ Year 2 Year 3 Year 4 s Year 5 Year 6 SC b. Calculate the remaining book value at the end of year and the termination value (aka cost recovery or after tax salvage value) at the end of year for the delivery truck X) Instructor-created question Question Help Brock Florist Company buys a new delivery truck for $37.000. It is classified as a light-duty truck the tax rate is 0.3 a. Calculate the depreciation schedule using a five-year life and MACRS depreciation. b. Calculate the remaining book value at the end of year 4 and the termination value (aka cost recovery or after tax salvage value) for the delivery truck if the truck can be sold at the end of year 4 for $8,000 Year 2 Year 3 rear 4 Year 5 Year 6 b. Calculate the remaining book value at the end of year 4 and the termination value (aka cost recovery or after tax salvage value) at the end of year 4 for the delivery truck Remaining book value at the end of year 4 is 56.393(Round to the nearest dollar) The termination value (cost recovery or after tax salvage value) at the end of year is 57 518 (Round to the nearest dollar)

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