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Linton Company purchased a delivery truck for $32,000on January 1, 2017. The truck has an expected salvage value of $1,200, and is expected to be
Linton Company purchased a delivery truck for $32,000on January 1, 2017. The truck has an expected salvage value of $1,200, and is expected to be driven108,000miles over its estimated useful life of5years. Actual miles driven were16,900in 2017 and11,800in 2018.
Double-declining-balance method
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