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On January 1, 2020, Jensen Corp. purchased a truck for $80,000, with an estimated useful life of 10 years and salvage of $10,000. Jensen
On January 1, 2020, Jensen Corp. purchased a truck for $80,000, with an estimated useful life of 10 years and salvage of $10,000. Jensen uses units of activity for depreciation, and mileage is their measure of activity for the truck. What is the book value of the truck as of December 31, 2029? @ Question 12 On January 1, 2020, ER Corp. purchased a truck for $100,000, with an estimated useful life of 8 years and salvage of $15,000. ER uses the DDB method for depreciation. The book value of the truck as of December 31, 2025 was $17,798. What is the depreciation expense for 2026? Question 11 On January 1, 2020, Jensen Corp. purchased a truck for $80,000, with an estimated useful life of 10 years and salvage of $5,000. What is the accumulated depreciation as of December 31, 2025 if Jensen uses the SLM method for depreciation? Question 10 2798 2/2 45000 2/2 12800 2/2
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