Question: On Jan 1, 2012. ABC Corproation placed into service a lift truck that had a capitated acquisition cost of $45.000, estimated useful le of 16

On Jan 1, 2012. ABC Corproation placed into service a lift truck that had a capitated acquisition cost of $45.000, estimated useful le of 16 years, and estimated saage 55.000 Aac deprecated the truck on a straight-line basis through December 31, 2016. then sold the used truck for $23.200. in answering the question below. show your work including being of calcions What is the annual depreciation expense for the litru 5. What was the truck's book value after recognig depreciation on December 2012 What is the rain or loss of any on the litru For the toolbar.press ALT:10P O ALTFN 10 Mac DU 14px 5. a a

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