Business, 15.07.2021 20:10 sonicshon2
A truck acquired at a cost of $195,000 has an estimated residual value of $10,200, has an estimated useful life of 56,000 miles, and was driven 5,000 miles during the year. Determine the following:
a. The depreciable cost $
b. The depreciation rate $ per mile
c. The units-of-activity depreciation for the year $
Answers: 3
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A truck acquired at a cost of $195,000 has an estimated residual value of $10,200, has an estimated...
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