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Calculate Depreciation for Year 1 using units of production -activity based depreciation. 25 delivery vans were purchased at a cost of $45,000 each. Each delivery
Calculate Depreciation for Year 1 using units of production -activity based depreciation. 25 delivery vans were purchased at a cost of $45,000 each. Each delivery van is estimated to be driven a total of 100,000 miles and then be sold for an estimated $10,000. In Year 1 the vans were driven 750,000 miles. .
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