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Odell purchased a used van for use in its business on January 1,2020. It paid $11,000 for the van. Odell expects the van to have
Odell purchased a used van for use in its business on January 1,2020. It paid $11,000 for the van. Odell expects the van to have a useful life of four years, with an estimated residual value of $800. Odell expects to drive the van 30,000 miles during 2020, 18,000 miles during 2021, 33,000 miles in 2022, and 600 miles in 2023 , for total expected miles of 81,600 . Read the requirements. (Complete all input fields. Enter a "0" for any zero values.)
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