=+life of the truck is eight years, with a residual value of $10,000 for the truck. 2009
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=+life of the truck is eight years, with a residual value of $10,000 for the truck.
2009 Jan. 8. Purchased a new truck for $75,000, paying cash.
Mar. 13. Paid garage $200 to tune the engine and make other minor repairs on the
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