Rose Bush Nursery purchased a delivery truck for $44,200. The truck is expected to have a useful life of 5 years and a residual value of $2,800. If the truck was purchased on June 1, 2019, what is the 1

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Rose Bush Nursery purchased a offer barter for $44,200. The barter is expected to bear a suited activity of 5 years and a residual rate of $2,800. If the barter was purchased on June 1, 2019, what is the wholeity of backbiting consume for the barter for the year ended December 31, 2019? The order uses the straight-line mode of backbiting.

Determine the consume of the asset. Subtract the estimated salvage rate of the asset from the consume of the asset to get the whole depreciable wholeity. Determine the suited activity of the asset. Divide the sum of tramp (2) by the estimate arrived at in tramp (3) to get the annual backbiting.

The straight-line mode is the simplest depreciation method. Using it, the rate of the asset is depreciated evenly aggravate the asset's suited activity. Excel offers the SLN office to calculate straight-line backbiting. Use =SLN(Cost,Salvage, Life).

Determine the consume of the asset. Subtract the estimated salvage rate of the asset from the consume of the asset to get the total depreciable wholeity. Determine the suited activity of the asset. Divide the sum of tramp (2) by the estimate arrived at in tramp (3) to get the annual depreciation.

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