On January 1, 2014, Wasson Company purchased a delivery vehicle costing $55,600. The vehicle has an estimated 8-year life and a $4,400 residual value. What is the vehicle's book value as of December 31, 2015, assuming Wasson uses the straight-line depreciation method

Clara client has just been presented with a standard representation agreement by the law firm of yatz & berger. clara's first language is german. although she speaks and reads everyday english quite well, the legal terms in the contract confuse her. yatz & berger should question 90 options: have someone in the firm, if possible, or a translator from outside of the firm, explain the terms of the contract thoroughly until clara has a full and complete understanding of its terms. advise clara to take the contract home and study it before signing it. have a paralegal explain the most important clauses in the contract to clara in smaller, plain english words. advise clara to sign the contract and take her copy home for study.