What is the cumulative depreciation through the end of the year 3?
Your company has purchased a large ne truck for over thr road use(asset class 0.26).it has s cost ba Show more Your company has purchased a large ne truck for over thr road use(asset class 0.26).it has s cost basis of $180000.With additional options costing $15000the cost basis for depreciation purposes is $195000.its MV at th end if five years is estimated as $40000.Assume it will be depreciated under the GDS.A)What is the cumulative depreciation through the end of the year 3?B)what is the MACRS depreciation in the 4rth year?C)What is BV at the end of year two? I Need little explaination? Show less