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On January 1, Construction Giants purchased a dump truck for $35,000. It has a salvage value of $5,000 and a useful life of 5 years.
On January 1, Construction Giants purchased a dump truck for $35,000. It has a salvage value of $5,000 and a useful life of 5 years. What is the book value at the end of the accounting period on December 31?
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Cornerstones of Financial Accounting
Authors: Jay Rich, Jeff Jones
4th edition
978-1337690881, 9781337669450, 1337690880, 1337690899, 1337669458, 978-1337690898
