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Choco Company purchased a dump truck at the beginning of 2020 at a cost of $41.774. The truck had an estimated useful life of 20
Choco Company purchased a dump truck at the beginning of 2020 at a cost of $41.774. The truck had an estimated useful life of 20 years and an estimated residual value of $2,000. During its useful fe, the dump truck is expected to run 100.000 miles during 20 years of estimated useful life. What amount should be recorded as anual depreciation expense at the end of the year 2020 Choco uses the tot detection method
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