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Please solve and show work interline Trucking purchased a tractor trailer for $112.00.Iinterine uses the units-of-actvity method for depreciating its trucks and expects to drive
Please solve and show work
interline Trucking purchased a tractor trailer for $112.00.Iinterine uses the units-of-actvity method for depreciating its trucks and expects to drive the truck 1,000,000 miles over its 12-year useful life. Salvage value is estimated to be $16,000. Ifthe t 80,000 miles in its first year, how much depreciation expense should Interline record? uck is driven of Select one: A. $7,110. B. $8,960. C. $7,680. D. $8,296. 13 Kathy's Blooms purchased a delivery van with a $60,000 list price. The company was given a $6,000 cash discount by the dealer and paid $3,000 sales tax. Annual insurance on the van is $1,500. As a result of the purchase, by how much will Kathy's Blooms increase its van account? t of Select one A. $60,000. B. $54,000. C. $58,500. 0 D. $57,000Step by Step Solution
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