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3. Beckworth Company purchased a truck on January 1, 20o9, at a cash cost of S20,000.The estimated residual value was s2,ooo and the estimated useful

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3. Beckworth Company purchased a truck on January 1, 20o9, at a cash cost of S20,000.The estimated residual value was s2,ooo and the estimated useful life 100,000 miles. The company uses activity method of depreciation and the truck operates for 30,000, 25,000. 20,000 and 10,000 miles during 2009, 2010, 2011 and 2012 respectively.on July 1, 2012, the company sold the truck for $1,900 cash. (10 points) A. What were the depreciation expense amounts in 20o9, 2010 and 2011? Write the relevant journal entries. B. What was the amount of accumulated depreciation at July 1, 2012? Give the required journal entries on the date of disposal, July 1, 2012. (Assume no 2012. depreciation had yet been recorded)

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