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help, those values in squares are wrong, i am very confused on this x Your answer is incorrect. Try again. Sheridan Ltd. purchased a delivery
help, those values in squares are wrong, i am very confused on this
x Your answer is incorrect. Try again. Sheridan Ltd. purchased a delivery truck on May 1, 2018, at a cost of $76,500. The truck is expected to have a residual value of $7,440 at the end of its 4-year useful life. Sheridan has a December 31 year end. Sheridan records depreciation to the nearest month. Calculate the depreciation expense using the straight-line method for 2018 and 2019. (Round answers to 0 decimal places, e.g. 5,275.) Depreciation expense 2018 12750 2019 15937Step by Step Solution
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