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11 Company purchased a truck for $50,000 on June 1 st; expected life 5 years; expected salvage value of $5,000. What would second year's depreciation

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11 Company purchased a truck for $50,000 on June 1 st; expected life 5 years; expected salvage value of $5,000. What would second year's depreciation be under straight-line method? 12 How much gain or loss would company in \#11 recognize if sold truck for $28,000 after 3 full years of straight-line depreciation

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