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A small truck is purchased for $47,000. It is expected to be of use to the company for 6 years, after which it will be

A small truck is purchased for $47,000. It is expected to be of use to the company for 6 years, after which it will be sold for $6,500. Determine the depreciation deduction and the resulting unrecovered investment during each year of the assets life.image text in transcribedimage text in transcribedimage text in transcribed

Use sum-of-years'-digits depreciation: EOY Depreciation Deduction Unrecovered Investment s Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is t3%

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