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On January 1, Year t. Mainino Moving Compony paid $64,000 cash to purchase a truck. The truck was expected to have a year useful life

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On January 1, Year t. Mainino Moving Compony paid $64,000 cash to purchase a truck. The truck was expected to have a year useful life and a $4.000 salvage value. If Marino tises the straight-fine method. whilch of the following shows how the adjusting entry to tecognize depreciation expenise at the end of Year 3 will affect the Company's tinancial statements? Mutiple Choice Getilixi A Ootion D

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