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Larkspur, Inc. purchased a tractor trailer for $138000. Larkspur uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1000000
Larkspur, Inc. purchased a tractor trailer for $138000. Larkspur uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1000000 miles over its 12-year useful life. Salvage value is estimated to be $23000. If the truck is driven 80000 miles in its first year, how much depreciation expense should Interline record? O $9200 O $9816. O $10733. O $8630.
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