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Evelyn Corporation purchased a delivery truck on June 1 0 t h of 2 0 2 0 for $ 1 0 0 , 0 0
Evelyn Corporation purchased a delivery truck on June of for $ which will be depreciated using the straightline method. The truck is estimated to have a scrap value of $ and a useful life of years. The company uses a simplifying assumption that all assets are placed in service on the first day of the month in which they were actually placed into service. What is the depreciation expense for A $ B $ C $ D $
Evelyn Corporation purchased a delivery truck on June of for $ which will be depreciated using the straightline method. The truck is estimated to have a scrap value of $ and a useful life of years. The company uses a simplifying assumption that all assets are placed in service on the first day of the month in which they were actually placed into service. What is the depreciation expense for
A $
B $
C $
D $
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