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Stonehurst Trucking bought a new truck for $111,925. Create a table showing the per-year depreciation amount and the depreciated value of the truck after each
Stonehurst Trucking bought a new truck for $111,925. Create a table showing the per-year depreciation amount and the depreciated value of the truck after each year of its use, using:
a. 12% annual depreciation
b. Straight-line depreciation with a $7,300 salvage value and a 10-year useful life
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