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A truck acquired at a cost of $ 8 0 , 0 0 0 has an estimated residual value of $ 8 , 0 0

A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles, and was driven 18,000 miles during the year. Determine (a) the depreciable cost, (b) the depreciation rate, and (c) the unitsof-activity depreciation for the year. (Obj.2)
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