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A small truck is purchased for $127,000. It is expected to be of use to the company for 6 years, after which it will be

A small truck is purchased for $127,000. It is expected to be of use to the company for 6 years, after which it will be sold for $14,500. Determine the depreciation deduction and the resulting unrecovered investment during each year of the assets life.

Use straight-line depreciation: EOYDe Unrecovered Investment 0 2 4 6

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