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On January 1, 2016, Trusty Delivery Service purchased a truck at a cost $95,000 Before placing the truck in service. Trusty spent $3,000 painting it,
On January 1, 2016, Trusty Delivery Service purchased a truck at a cost $95,000 Before placing the truck in service. Trusty spent $3,000 painting it, $1, 200 replacing tires, and $9, 800 overhauling the engine The truck should remain in service for five years and have a residual value of $10,000. The truck's annual mileage is expected to be 26,000 miles, in each of the first four years and 19, 750 miles in the fifth year -123, 750 miles in total. In deciding which depreciation method to use, Johnson, the general manager requests a depreciation schedule for each of the depreciation methods(straight-line, units of production, and double balance) Read the requirements. Prepare a depreciator schedule using the units - of - production method. (Enter the depreciation per unit to two decimal places, $X.XX) Units-of- Production Depreciation Schedule Choose from any or enter any number in the input field and then continue to the next
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