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On January 1, 2019, Wasson Company purchased a delivery vehicle costing $50,70. The vehicle has an estimated Byear life and a 54 700 residual value

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On January 1, 2019, Wasson Company purchased a delivery vehicle costing $50,70. The vehicle has an estimated Byear life and a 54 700 residual value Wasson uses the units of production depreciation method and Wasson estimates that the vehicle will be driven 107000 miles. What is the vehicle's book value as of December 31, 2020, assuming the vehicle was driven 10700 miles during 2019 and driven 18.700 miles during 2020? (Do not round your Intermediate calculations.) Multiple Choice $39,200 $38,068 $34,500 $33.368

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