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Homework: Chapter 7 Homework Save Score: 0 of 1 pt 4 of 10 (1 complete) HW Score: 10%, 1 of 10 pts S7-8 (book/static) Question

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Homework: Chapter 7 Homework Save Score: 0 of 1 pt 4 of 10 (1 complete) HW Score: 10%, 1 of 10 pts S7-8 (book/static) Question Help Grafton Company purchased a new car for use in its business on January 1, 2017. It paid $29,000 for the car. Grafton expects the car to have a useful life of four years with an estimated residual value of zero, Grafton expects to drive the car 40,000 miles during 2017, 75,000 miles during 2018, 90,000 miles in 2019, and 85,000 miles in 2020, for total expected miles of 290,000. Read the requirements. Complete all answer boxes. Enter a "0 for any zero values.) Annual Depreciation Expense Accumulated Depreciation Book Value Start 2017 2018 2019 2020

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