Under the straight line method for the company new asset

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Reference no: EM131939820

Faster-than-Light Corporation has recently purchased a brand new truck for $90,000 to upgrade their delivery fleet in New York City. Given past experience, management estimates the salvage value of the truck to be $12,000 after 10 years. As shown in class, prepare a Depreciation Schedule under the Straight Line Method for the company's new asset.

Reference no: EM131939820

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