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A small truck is purchased for $27,000. It is expected to be of use to the company for 6 years, after which it will be

A small truck is purchased for $27,000. It is expected to be of use to the company for 6 years, after which it will be sold for $10,000. Determine the depreciation deduction and the resulting unrecovered investment during each year of the assets life.

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Use straight-line depreciation: EOY Depreciation Deduction Unrecovered Investment

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