A dump truck for hauling coal has an estimated net cost of $87000 and is expected to
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Question:
A dump truck for hauling coal has an estimated net cost of $87000 and is expected to give service for 200000 miles, resulting in a salvage value of $13000.
What would be the depreciation per mile? Compute the allowed depreciation amount for the same truck's usage amounting to 24000 miles.
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