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Required information RWP7-1 (Algo) Great Adventures Continuing Case [The following information applies to the questions dispiayed below] Tony and Suzie see the need for a

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Required information RWP7-1 (Algo) Great Adventures Continuing Case [The following information applies to the questions dispiayed below] Tony and Suzie see the need for a rugged allterrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1,2025, for $13,200. They expect to use the Suburban for five years and then sell the vehicle for $5:100. The following expenditures related to the vehicle were also made on July1. 2025: - The company pays $2100 to GEico for a one-year insurance policy. - The company spends an extra $4,200 to repaint the vehicle. placing the Great Adventures logo on the front hood. backiand both sides. - An additional $2,300 is spent on a deluse roof rack and a traller hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Sreat Adventures. In acdition, on October 22,2025 , the company pays $1.000 for basic vehicie maintenance related to changing the oil. replacing the windshield wipers, rotating the tires, and inserting a new air filter. RWP7-1 (Algo) Great Adventures Continuing Case Part 3 3. Prepare a depreciavon schedule using the straightline method

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