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Lena Horn bought a Toyota Tundra on January 1 for $ 2 8 , 7 0 0 with an estimated life of 6 years. The
Lena Horn bought a Toyota Tundra on January for $ with an estimated life of years. The residual value of the truck is $ Assume a straightline method of depreciation.
a What will be the book value of the truck at the end of year
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b If the Tundra was bought the first year on April how much depreciation would be taken the first year?
Depreciation
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