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21. Gardner Corporation purchased a truck at the beginning of 2012 for $90,000. The truck is estimated Pe to have a salvage value of $3,600

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21. Gardner Corporation purchased a truck at the beginning of 2012 for $90,000. The truck is estimated Pe to have a salvage value of $3,600 and a useful life of 120,000 miles. The truck was driven 18,000 miles in 2012 and 32,000 miles in 2013. What is the rate of depreciation each year? a. $0.25 b. $0.50 Wh . $0.72 d. $1.33 Wh e. None of the above

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