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A tractor costs $24,640, has an expected life of 12 years, and has a salvage value of $2,200. Use straight-line depreciation to find the yearly
A tractor costs $24,640, has an expected life of 12 years, and has a salvage value of $2,200. Use straight-line depreciation to find the yearly depreciation. Make a depreciation schedule for the first three years' depreciation. Complete the table
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