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A truck acquired at a cost of $ 2 6 0 , 0 0 0 has an estimated residual value of $ 1 4 ,

A truck acquired at a cost of $

260, 000

has an estimated residual value of $

14, 750,

has an estimated useful life of

45, 000

miles, and was driven

4, 500

miles during the year. Determine the following

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