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Solving Questions (12 Marks) Willey Publishing company purchased a used delivery vehicle for $60,000 and immediately paid S 5.000 to make it useable. They consider
Solving Questions (12 Marks) Willey Publishing company purchased a used delivery vehicle for $60,000 and immediately paid S 5.000 to make it useable. They consider the useful working life of the delivery vehicle to be 5 years after which they planned to sell it for $ 15.650. The residual value of the vehicle is expected to be s 5,000 Willey Company applies the Straight-Line Method of depreciation Answer the following question from 17 to 23 based on the information given above What is the depreciation for the third year using SLM? Select one AS 33.000 B. S 11,000 CS 36.000 D. S 12.000 What is the accumulated depreciation at the end of the third year using SLM? Select one AS 33.000 B 536.000 C S 24.000
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