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4 0.25 points On January 1, Year 1, Karev Company paid $38020 cash to purchase a truck. Karev planned to drive the truck for 100,000
4 0.25 points On January 1, Year 1, Karev Company paid $38020 cash to purchase a truck. Karev planned to drive the truck for 100,000 miles and then to sell it. The truck was expected to have an $4100 salvage value. The truck was actually driven 35,000 miles during Year 1 40,000 miles during Year 2 20,000 miles during Year 3 10,000 miles during Year 4. If Karev uses the units-of-production method, the amount of accumulated depreciation shown on the Year 2 balance sheet is 5 DO NOT ROUND until you get to the final
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