Depreciation needs to be calculated on the truck for one month and the expense recorded. Depreciation recognized the usage of the truck. To calculate this amount you will take the cost of the truck divided by four years and then divided by 12 months to come up with depreciation for one month. The value purchased for the truck was $14250

To calculate the depreciation for one month, we will divide the cost of the truck by the total number of months in the useful life of the truck.

Given:
Cost of the truck = $14250
Useful life of the truck = 4 years

Step 1: Convert the useful life of the truck into months.
Useful life in months = 4 years * 12 months/year = 48 months

Step 2: Calculate the monthly depreciation.
Monthly depreciation = Cost of the truck / Useful life in months

Let's substitute the given values into the formula:

Monthly depreciation = $14250 / 48 months

Calculating this, we get:
$$ \text{Monthly depreciation} = \frac{14250}{48} $$

Simplifying further:
$$ \text{Monthly depreciation} = $297.92 $$

Answer: The depreciation for one month for the truck is $296.88.