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On July 1, 20X1, ZipCo, which uses UOP depreciation, purchases for $36,000 a truck with an estimated useful life of 60,000 miles and a residual

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On July 1, 20X1, ZipCo, which uses UOP depreciation, purchases for $36,000 a truck with an estimated useful life of 60,000 miles and a residual value of $6,000. Miles driven are as follows: Year 20x1 20X2 20x3 20x4 20x5 Miles 5,000 10,000 20,000 25,000 30,000 The book value of the truck on December 31, 20X3 is: Your company uses the DDB method. Assets purchased between the 1st and 15th are depreciated for the entire month; assets purchased after the 15th as though they were acquired the following month. On May 1, 20X1, it purchases for $250,000 a machine with a useful life of 12 years and a salvage value of $10,000. What is the machine's book value at the end of 20X2? Your company uses the DDB method. Assets purchased between the 1* and 15h are depreciated for the entire month; assets purchased after the 15th as though they were acquired the following month. On July 1, 20X1, it purchases for $200,000 machine with a useful life of 10 years and a salvage value of $20,000. What is 20X2 depreciation expense Your company uses the DDB method. Assets purchased between the 1s and 15th are depreciated for the entire month; assets purchased a month. On April 6, 20X1, your firm purchases for $250,000 a machine that management will last 15 years and have a salvage value of $10,000. What is 20X1 depreciation expense? fter the 15th a s though they were acquired the following On November 17,20X1, your company purchases a building for $500,000. Your company uses the DDB method. Assets purchased between the 1s and 15th are depreciated for the entire month

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