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A delivery truck was purchased for $300,000. It was expected to have a 10 year life and drive a total of 400,000 miles. The residual

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A delivery truck was purchased for $300,000. It was expected to have a 10 year life and drive a total of 400,000 miles. The residual value is $10,000. The miles driven in the first year was 11,000 miles and 13,000 miles in the second year. Using straight-line method, compute the first two years of depreciation expense. Show your work

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