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Bonita Trucking purchased a tractor trailer for $169200. Interline uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1000000 miles
Bonita Trucking purchased a tractor trailer for $169200. Interline uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1000000 miles over its 12-year useful life. Salvage value is estimated to be $24500. If the truck is driven 100000 miles in its first year, how much depreciation expense should Bonita record? $13490 $15532 $14470 O $16920
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