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A small truck is purchased for $72,000. It is expected to be of use to the company for 6 years, after which it will be

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A small truck is purchased for $72,000. It is expected to be of use to the company for 6 years, after which it will be sold for $9,000. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life. Click here to access the TVM Factor Table Calculator Part a Your answer is partially correct. Use straight-line depreciation: EOY Depreciation Deduction Unrecovered Investment O $ 72000 1 $ 10500 $ 61500 2 $ 10500 $ 52531 3 $ 10500 $ 44870 4 $ 10500 $ 38327 5 $ 10500 $ 32738

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