Answer:
The book value for the van at the end of first year will be $30400
Step-by-step explanation:
Cost of van = $38,000
Amount of depreciation after one year = 20%
Finding 20% of 38,000
=38,000 *(20/100)
= 7600
so, amount of van after 1 year = 38,000 - 7600
= 30400
So, the book value for the van at the end of first year will be $30400
Answer:
153.94in²
Step-by-step explanation: