help please ! short answer question that im stuck on

ord. Connect - Sign In Saved Help Save & Exit On January 1 year 1. Castile, Inc. purchased (1) equipment with a cost of $80,000, salvage value of $10,000, and a useful life of 7 years, and (2) a truck with a cost of $50,000, salvage value of $5,000, and useful life of 5 years, 1. What is the amount of total depreciation expense that Castile, Inc. will recognize on its financial statements in year 1? 2. At the end of year 2, what is the amount of accumulated depreciation with respect to the equipment? 3. At the end of year 3, what is the amount of accumulated depreciation with respect to the truck? Short Answer Toolbar navigation BI VSE 13. A. A This question will be sent to your instructor for grading Prey 40 43 Next > a I o 3 * 994 to search hp