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Determine the depreciation expense for both methods

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Question - FOOT WORKS company presents us with the following information - They acquired a truck with a cost of $ 125,000 a salvage value of 25,000 has a life useful 20 years or 750,0000 miles. During the first year he traveled 76,000 miles. Determine the depreciation expense for both methods and record it.

Reference no: EM133090997

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