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A tractor costs $24,780, has an expected life of 12 years, and has a salvage value of $2,700. Use straight-line depreciation to find the
A tractor costs $24,780, has an expected life of 12 years, and has a salvage value of $2,700. Use straight-line depreciation to find the yearly depreciation. Make a depreciation schedule for the first three years' depreciation. Complete the table. Year Depreciation Accumulated End-of-year depreciation book value 1 $ $ 69 $ 2 $ $ $ 3 69 $ $ $ EA
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