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3) Garner Company has depreciation expense of $400 for the year. The depreciation relates to a delivery scooter with a residual value of $2,000 and
3) Garner Company has depreciation expense of $400 for the year. The depreciation relates to a delivery scooter with a residual value of $2,000 and a useful life of 30,000 miles. The scooter was driven for 1,000 miles this year. What is the original cost of the scooter?
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