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Novak Company purchased a delivery truck for $27,000 on January 1, 2022. The truck has an expected salvage value of $1,000, and is expected to
Novak Company purchased a delivery truck for $27,000 on January 1, 2022. The truck has an expected salvage value of $1,000, and is expected to be driven 100,000 miles over its estimated useful life of 10 years, Actual miles driven were 13,400 in 2022 and 13,900 in 2023. (a1) Calculate depreciation expense per mile under units-of activity method. (Round answer to 2 decimal places, es, 0.50) Depreciation expense permile Attempts: 0 of 1 used (a2) The parts of this question rnust be completed in order. This part wili be svallable when you complete the part above
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