Acellus Academy Straight Line Depreciation Formula Book Value Solved Practice

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Just need step by step instructions on 2 questions how to solve from beginning to end in. I am preparing to take my final and got stuck on trying to work these out

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A certain car was purchased for $32,000. The car
has a resale value of $26,000 after a useful te of
6 years. What is the book value of this car after 3
years?
Book value=5171
al Review
Calculate the percent change in net income from
Quarter 1 to Quarter 2 from the following income
statement information
0101000 1000
re
COG

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Tags:
book value

Annual depreciation

resale value

Straight line depreciation

useful life

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