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of tiequens tarmover in the accounting department, a different soeea selected the depreciation method for bus and car, and various methods were selected. Information concernning
of tiequens tarmover in the accounting department, a different soeea selected the depreciation method for bus and car, and various methods were selected. Information concernning the bus and car is summarined below Salvage Escful Life Bs (1/1/03 140,000 10,000 Car 2) 1/1/04 80,000 8,000 For the declining-balance method, the company uses the double-declining rate For the units-of-activity method, total miles are expected to be 120,000. Actual miles of use in the first three years were: 2006, 24,000; 2007, 34,000 and 2008, 30,000. Instructions (a) Compute the amount of accumulated depreciation on bus and car at December 31, 2008. Cor 2l ? More Remix
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