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What is the output miles driven

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Question - A truck with an estimated life of four years was acquired on June 30, Year 1, for $13,000. The estimated residual value of the truck is $1,000, and the service life is estimated at 100,000 miles. Compute depreciation for Year 1 using the following methods (where appropriate, round depreciation to the nearest month). What is the Output (Depreciation expense) miles driven: Year 1, 10,000?

Reference no: EM133089633

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