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Tanger Company purchased a delivery truck for $30, 600 on January 1, 2014. The truck has an expected salvage value $6, 900, and is expected
Tanger Company purchased a delivery truck for $30, 600 on January 1, 2014. The truck has an expected salvage value $6, 900, and is expected to be driven 105,000 miles over its estimated useful life of 7 years. Actual miles driven were 16, 600 in 2014 and 13, 300 in 2015. Your answer is correct. Calculate depreciable cost per unit. Depreciable cost per unit. $.23 per mile Compute depreciation expense for 2014 and 2015 using the straight-line method, the units-of-activity method, and the double-declining balance method
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