Asked by Layla

I don't even understand this question...can someone please point me in the right direction:

Use the following information to answer the question:
Cost of car: $26,000
Residual value: $6,000
Life: 5 years

Answers

Answered by Ms. Sue
I don't see a question.

Answered by Layla
That is the question I don't understand it...
Use the following information to answer the question:
Cost of car: $26,000
Residual value: $6,000
Life: 5 years
Answered by Layla
Oh maybe this is the first question then this question follows...

Federal Express bought material handling equipment for its hub operations that cost $180,000. Using the MACRS, what is the depreciation expense in year 3 (using a five-year class)?
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