Dinkins Company purchased a truck that cost $57,000. The company expected to drive the truck 100,000 miles over its 5-year useful life, and the truck had an estimated salvage value of $8,500. If the truck is driven 29,500 miles in the current accounting period, what would be the amount of depreciation expense for the year using the units-of-production method

one of the disadvantages of getting a government sponsored mortgage is they put a limit on the purchase price of the house. because the government is in charge of the mortage loan and terms, they are able to control how much money they are allowing someone to take out for the loan. not only are they incontrol, it's a lengthy process for a government sponsored mortgage.

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