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Splish Brothers Inc. purchased a delivery truck for $34,800 on January 1, 2019. The truck has an expected salvage value of $1,800, and is expected
Splish Brothers Inc. purchased a delivery truck for $34,800 on January 1, 2019. The truck has an expected salvage value of $1,800, and is expected to be driven 100,000 miles over its estimated useful life of 8 years.Actual miles driven were 15,700 in 2019 and 13,200 in 2020. (a1) Your answer is correct. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, eg.0.50.) 33 per mile eTextbook and Media eTextbook List of Accounts
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