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Linton Company purchased a delivery truck for $34,000 on January 1,2027 . The truck has an expected salvage value of $2,000, and is expected to
Linton Company purchased a delivery truck for $34,000 on January 1,2027 . The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2027 and 12,000 in 2028. (a1) Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost $ per mile eTextbook and Media Attempts: 1 of 5 used (a2) F Your answer is incorrect. Compute depreciation expense for 2027 and 2028 using (1) the straight-line method, (2) the units-of-activity method, and (3) the double-declining-balance method
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