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PLEASE ANSWER BOTTOM QUESTION E9-3A Propelt) Land Building.. $126,000 456.000 318,000 $900,000 Total he assessed value as a guide, allocate the total purchase price of
PLEASE ANSWER BOTTOM QUESTION E9-3A
Propelt) Land Building.. $126,000 456.000 318,000 $900,000 Total he assessed value as a guide, allocate the total purchase price of the plant to the land, building. Depreciation Methods A delivery truck costing $20,000 is expected to have a S2.000 salvage value LO2 ary 2. Calculate the depreciation expense for the second year using each of the following depre- inery accounts in Tamock Company's records. . D A. of its useful life of four years or 100,000 miles. Assume that the truck was purchased on at the e n methods: (a) straight-line, (b) double-declining balance, and (c) units-of-production. (Assume that the truck was driven 30,000 miles in the second year.)Step by Step Solution
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