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Question 10 Which of the following costs are capitalized for self-constructed assets? Not yet answered Marked out of 1.00 P Flag question Select one: a.

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Question 10 Which of the following costs are capitalized for self-constructed assets? Not yet answered Marked out of 1.00 P Flag question Select one: a. Labor and overhead only b. Materials and overhead only c. Materials, labor, and overhead d. Materials and labor only Previous page Next page Gardner Corporation purchased a truck at the beginning of 2015 for $75,000. The truck is estimated to have a residual value of $3,000 and a useful life of 120,000 miles. It was driven 18,000 miles in 2015 and 32,000 miles in 2016. What is the depreciation expense for 2016? Select one: a. $53,333 b. $19,200 C. $32,000 d. $20,000

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