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need asap Riverbed Company purchased a delivery truck for $33,000 on January 1, 2020. The truck has an expected salvage value of $2,760, and is
need asap
Riverbed Company purchased a delivery truck for $33,000 on January 1, 2020. The truck has an expected salvage value of $2,760, and is expected to be driven 108,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,800 in 2020 and 12,600 in 2021. Assume that Riverbed uses the straight-line method. Show how the truck would be reported in the December 31, 2020, balance sheet. (Round answers to O decimal places, eg. 2.125.) RIVERBED COMPANY Partial Balance Sheet $ Step by Step Solution
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