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S109 On March 31, 2023, Northern Mining purchased a dump truck at a cost of $4,000,000. Northern expects to use the truck for 9 years

S109 On March 31, 2023, Northern Mining purchased a dump truck at a cost of $4,000,000. Northern expects to use the truck for 9 years and expects it to have a residual value of $400,000. Compute Northerns amortization on the truck for the year ended December 31, 2023, using the straight-line method

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