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A Dodge Ram delivery truck purchased by Fresh Flowers is expected to last 3 years. The purchase price was $75,300. Shipping costs were $2,960. The
A Dodge Ram delivery truck purchased by Fresh Flowers is expected to last 3 years. The purchase price was $75,300. Shipping costs were $2,960. The trade-in value is $9,836. Prepare a depreciation schedule using the straight-line method, then enter the accumulated depreciation at the end of year 2 as your answer. a. $37,644 b. $51,576 c. $45,616 d. $35,684
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