15 35 points 2025921 Exercise 3-23A (Algo) Depreciation affecting multiple cycles LO 3-5 On January 1, Year 1, Your Ride Inc. paid $33,000 cash to purchase a taxi cab. The taxi had a 4-year useful life and a $4,000 salvage value. Required: a. Determine the amount of depreciation expense that would appear on the Year 1 and Year 2 income statements using the straight- line method. Year 1 Year 21 Depreciation expense b. Determine the amount of accumulated depreciation that would appear on the Year 1 and Year 2 balance sheets Accumulated depreciation Year 1 Year 2