Question
Marigold Industries purchased a truck at the beginning of 2020 for $109300. The truck is estimated to have a salvage value of $3200 and a
Marigold Industries purchased a truck at the beginning of 2020 for $109300. The truck is estimated to have a salvage value of $3200 and a useful life of 117000 miles. It was driven 21000 miles in 2020 and 29000 miles in 2021. What is the depreciation expense for 2021?
| $27885 |
|
| $26303 |
|
| $45350 |
|
| $7073 |
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Operational Review Maximum Results At Efficient Costs
Authors: Rob Reider
3rd Edition
0471228109, 978-0471228103
