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Kleener co acquired a new delivery truck at the beginning

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Kleener Co. acquired a new delivery truck at the beginning of its current fiscal year. The truck cost $52,000 and has an estimated useful life of four years and an estimated salvage vaule of $8,000.

Calculate deprecation expense for each year of the truck's life using straight- line deprecation

Using straight-line deprecation method, what is the book vaule of the truck at the end of the third year of its life?

Reference no: EM13575309

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