SDMU-873 JAV on January 1, 2020. On January 1, 2019, the company purchased a truck for $378,000 and determined that the truck would have a useful life of 7 years and a salvage value of $41,000. Based on the information, calculate the depreciation expense for the truck for the year 2019. ## Answers The depreciation expense for the truck for year 2019 is $52,571. given data: The company purchased a truck for $378,000 and determined that the truck would have a useful life of 7 years and a salvage value of $41, what is depreciation equipment truck January 2020 1st what is 2020 what is known life of store year useful depreciate rate for each year annual rate the answer using straightline and calculated each year depreciation in 2020 what is depreciation in 2019 year stockholders journal used straightline timeline depreciated Calculating for the depreciation expense using straightline method, we have : $378,000 - $41,000 = $337,000 $337,000 / 7 = $52,571 Therefore, the depreciation expense for the truck for year 2019 is $52,571. ## answers Explanation: You just add the numbers. - Cuplikan Gratis dan Subtitle Bahasa Indonesia srt.

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