Intro You bought a delivery van for your business for $34,000 four years ago, which is...

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Intro You bought a delivery van for your business for $34,000 four years ago, which is your only fixed asset. Last year, your business had revenue of $42,000, costs of $21,000 and an average tax rate of 28%. The business doesn't have any debt. Part 1 Attempt 2/3 for 9.5 pts. Into which property class does the van belong? Check IRS publication 946, How to depreciate property. Search for "Which Property Class Applies Under GDS." Enter "3" for 3-year property, "5" for 5-year property, and so on. 5 Correct Automobiles, taxis, buses, and trucks fall into the 5-year property category. Part 2 Attempt 3/3 for 9 pts. What is the depreciation amount for the van for last year (in $)? Use Table A-1 in IRS publication 946 to look up the depreciation percentages for each year. 0+ decimals Submit Part 3 What is the operating cash flow for last year? 0+ decimals Submit Attempt 3/3 for 9 pts. Intro You bought a delivery van for your business for $34,000 four years ago, which is your only fixed asset. Last year, your business had revenue of $42,000, costs of $21,000 and an average tax rate of 28%. The business doesn't have any debt. Part 1 Attempt 2/3 for 9.5 pts. Into which property class does the van belong? Check IRS publication 946, How to depreciate property. Search for "Which Property Class Applies Under GDS." Enter "3" for 3-year property, "5" for 5-year property, and so on. 5 Correct Automobiles, taxis, buses, and trucks fall into the 5-year property category. Part 2 Attempt 3/3 for 9 pts. What is the depreciation amount for the van for last year (in $)? Use Table A-1 in IRS publication 946 to look up the depreciation percentages for each year. 0+ decimals Submit Part 3 What is the operating cash flow for last year? 0+ decimals Submit Attempt 3/3 for 9 pts.