Question
A delivery truck is purchased for $38,000, has a salvage value of $6,000 and is depreciated using MACRS. What is the first-year depreciation expense? (Points: 5)
$4,578.80
$5,430.20
$7,600.00
$15,200.00
$4,578.80
$5,430.20
$7,600.00
$15,200.00