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Kaven Corporation purthased a truck at the beginning of Year1 for $T5,0C0 which will be depreciated using the units-of-output method The truck is estimated to
Kaven Corporation purthased a truck at the beginning of Year1 for $T5,0C0 which will be depreciated using the units-of-output method The truck is estimated to have a residual value of $3,000 and a useful life of 4 years and 120,0C0 miles. tt was driven 18,000 miles in Year1 and 32,00O miles in Year2. What is the depreciation expense for Year2? 31 A19,200 B. 20,000 C 18,750 D. 32,000
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