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On January 1, 2018 Top Truck Retailer purchased a truck that cost a total of $92,000. The truck has an estimated useful life of 4
On January 1, 2018 Top Truck Retailer purchased a truck that cost a total of $92,000. The truck has an estimated useful life of 4 years and $6,000 residual value. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole dollar. Complete the table assuming the company uses straight-line depreciation. Year Cost of Capital Asset Depreciation Expense Accumulated Depreciation To Date Net Book Value 2018 2019 2020 2021
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