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On April 1 , 2 0 2 0 , Matador purchased a truck for $ 5 0 , 0 0 0 with a salvage value
On April Matador purchased a truck for $ with a salvage value of $ and useful life of years which was depreciated using the straightline method. On October Matador decided to change the salvage to $ and a total useful life of years. The bookkeeper has not recorded any depreciation on the truck for Determine the adjustment to ICO. Matador has a corporate tax rate of
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