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Question 1 8 pts Yo Yo Inve purchases a new delivery truck on 1/1/2017 at a cash price of $50,000. Sales tax paid wes $5,000
Question 1 8 pts Yo Yo Inve purchases a new delivery truck on 1/1/2017 at a cash price of $50,000. Sales tax paid wes $5,000 Yo Yo Inc. also paid $5,000 for a custom paint and littering job The estimated salvage value of the truck is $3,000. The estimated useful life of the truck is 5 years Complete the following table using the STRAIGHT LINE method of depreciation: Depreciable Cost Depreciation Rate Depreciation Expense Accumulated Depreciation Book Value 2017 2010 2020 2021 Next
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