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Ayayai Company purchased a delivery truck for $33,000 on January 1, 2022. The truck has an expected salvage value of $2,200, and is expected
Ayayai Company purchased a delivery truck for $33,000 on January 1, 2022. The truck has an expected salvage value of $2,200, and is expected to be driven 110,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,700 in 2022 and 10,600 in 2023.
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