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Marigold Corporation purchased a truck at the beginning of 2023 for $47,800. The truck is estimated to have a residual value of $3,000 and a
Marigold Corporation purchased a truck at the beginning of 2023 for $47,800. The truck is estimated to have a residual value of $3,000 and a useful life of 280,000km. It was driven for 66,000km in 2023 and 76,000km in 2024 . (a) Calculate depreciation expense for 2023 and 2024 using the units of production method. (Round depreciation per km to 4 decimal places, e.g. 15.1254 and round final answers to 0 decimal places, e.g. 5,275.) eTextbook and Media Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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