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Homework: Chapter 7 Homework Score: 0 of 1 pt S7-7 (book/static) Save 5 of 10 (1 complete) Hw Score: 10%, 1 of 10 pts Question

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Homework: Chapter 7 Homework Score: 0 of 1 pt S7-7 (book/static) Save 5 of 10 (1 complete) Hw Score: 10%, 1 of 10 pts Question Help * Grafton Company purchased a new car for use in its business on January 1, 2017It 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.) Straight-line method Annual Depreciation Accumulated Year Expense Depreciation Book Value Start 2017 2020

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