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A truck is purchased and placed in service on January 1, 2011. Its cost is being depreciated with the straight-line method using the following facts and estimates. Original cost $ 31,220 Expected

A truck is purchased and placed in service on January 1, 2011. Its cost is being depreciated with the straight-line method using the following facts and estimates.


Original cost $ 31,220
Expected salvage value 6,700
Useful life (years) 4


c.
Depreciation expense for the truck used during year 2011.

Depreciation expense $.................

 

Aug 10 2021 View more View Less

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