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Aggieland Enterprise just paid $400,000 to buy ten new company trucks for its salesperson to use. Aggieland expects to use these cars for five years
Aggieland Enterprise just paid $400,000 to buy ten new company trucks for its salesperson to use. Aggieland expects to use these cars for five years and then replace them. If the salvage value of 5 of the cars is $2,000 each, and for the rest of the cars it is $10,000 each. How much depreciation expense will Aggieland record each year using the straight-line method
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