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Coca Cola Co. purchased a truck for $11,000 on January 1, 2016. The truck will have an estimated residual value of $1,000 at the end
Coca Cola Co. purchased a truck for $11,000 on January 1, 2016. The truck will have an estimated residual value of $1,000 at the end of 5 years. Using the units-of-activity method, the balance in accumulated depreciation at December 31, 2017, can be computed by the following formula: ($11,000 ? Total estimated activity) ? Units of activity for 2017. B ($10,000 ? Total estimated activity) Units of activity for 2016 and 2017. ($10,000 ? Total estimated activity) ? Units of activity for 2017. (S11,000 ? Total estimated activity) ? Units of activity for 2016 and 2017. D E SAVE
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