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On January 1 , 2 0 2 5 , a corporation acquired a truck for $ 5 0 , 0 0 0 . Residual value
On January a corporation acquired a truck for $ Residual value was estimated to be $ The truck can be driven for miles or a useful life of four years. Actual usage of the tru recorded as miles for the first year. What is the amount of depreciation expense for the first year calculated using the units of production method?
A $
B $
C $
D $
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