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How much is year one depreciation expense

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A new truck had a cost of $35,000 and was expected to operate for five years. It is estimated to be worth $3,000 at the end of it's useful life of 100,000 miles. The truck was used 25,000 miles in year one and 20,000 in year two.

Question 1: How much is year one's depreciation expense using sum-of-the year digits, unit-of-production and double-declining balance.

Reference no: EM132601832

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