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In each of the following situations, allocate the total cost to the proper fiscal periods. Assume that the company commented business on January 1 ,

In each of the following situations, allocate the total cost to the proper fiscal periods. Assume that the company commented business on January 1,20-1 and has a fiscal yearend of December 31.(Question a) is done for you.
a) A truck was purchased on January 1,20-1 for $18000. It was expected to last for five full years, at the end of which it would have a trade -in value of $3000. Use the straight -line method of depreciation
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