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Linton Company purchased a delivery truck for $29,000 on January 1, 2015. The truck has an expected salvage value of $3,000, and is expected to
Linton Company purchased a delivery truck for $29,000 on January 1, 2015. The truck has an expected salvage value of $3,000, and is expected to be driven 81,250 miles over its estimated useful life of 10 years. Actual miles driven were 13,300 in 2015 and 12,600 in 2016
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