Jiang purchased a moving truck for the business. he paid $40,000 for the truck. its salvage value is $8,500. select the correct answer from the drop-down menu.

the depreciation expense of the moving truck for a useful life of 10 years is (blank space). if the truck’s useful life where 15 years, the depreciation expense would come to(blank space).

A. $3,150

B. $2,100

Step-by-step explanation:

A. Given,

Trucks cost price = $40,000

Salvage Value = $8,500

Useful life = 10 years

Since there is no requirement, I am using straight-line depreciation method to calculate the depreciation expense.

We Know,

Depreciation Expenses = (Cost price - Salvage Value) / Useful Life

Therefore,

Depreciation expense = ($40,000 - $8,500)/10

Depreciation Expense = $31,500/10

Depreciation Expense = $3,150

Therefore, under the straight-line method, the depreciation expense will be = $3,150.

B. Given, (When the useful year is 15)

Trucks cost price = $40,000

Salvage Value = $8,500

Useful life = 15 years

Since there is no requirement, I am using straight-line depreciation method to calculate the depreciation expense.

We Know,

Depreciation Expenses = (Cost price - Salvage Value) / Useful Life

Therefore,

Depreciation expense = ($40,000 - $8,500)/15

Depreciation Expense = $31,500/15

Depreciation Expense = $2,100

Therefore, under the straight-line method, the depreciation expense will be = $2,100

∠lno ≅ ∠lnm

∠oln ≅ ∠mln

step-by-step explanation:

given   that triangle lno is congruent to triangle lnm.

we have to fill up the blanks in the given question.

according to above order of congruency   kept in mind we can say that

∠lno ≅ ∠lnm

∠oln ≅ ∠mln

ln ≅ ln due to common in both.

hence, by sas congruency,

the side angle side rule   states that if two sides and the included angle of one triangle are congruent to another triangle, then these two triangles are congruent.