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Please clearly indicate what each answer is so that I can check my work. Thank you. [The following information applies to the questions displayed below.]

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[The following information applies to the questions displayed below.] Movelt Corporation is the world's leading express-distribution company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 54,000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a delivery truck for $6,000. Movelt had originally purchased the truck for $10,000 and had recorded depreciation for three years

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