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steven's Co purchased a delivery vehicle on January 1, 2012 for $46,000. The vehicle has a life of 8 years or 250,000 miles and an
steven's Co purchased a delivery vehicle on January 1, 2012 for $46,000. The vehicle has a life of 8 years or 250,000 miles and an estimated salvage value of $5,000. Calculate the depreciation for 2015(only)using the (1)straight line method;(2)Double declinging balance method; and (3) the activity-based mrthod assuming that the Vehicle was driven 31,000 miles in 2015
A. Steaight Line
B. Double Declining
C. Activity Based
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