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Find unit depreciation and the depreciation for given miles

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Reference no: EM131628088

Question: 1. A van that costs $18,000 is expected to be driven 75,000 miles during its useful life. If the salvage value of the van is $3,000, find the unit depreciation and the depreciation for 56,000 miles.

2. A company car is purchased for $23,580 and is expected to be driven 95,000 miles before being sold.

Reference no: EM131628088

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