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RET company uses the activity (unit of production) method to depreciate long term assets. the company owns a truck that cost 24000. the truck is
RET company uses the activity (unit of production) method to depreciate long term assets. the company owns a truck that cost 24000. the truck is estimated to have a salvage value of 2,000 and a useful life of 200,000 miles. how much depreciation expense would be reported on the income statement in a year in which the truck is driven 50,000 miles
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