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The cost of the truck is $21,800 with $17,100 of accumulated depreciation. Salvage value was estimated at $2,800, and the truck would most likely be
The cost of the truck is $21,800 with $17,100 of accumulated depreciation. Salvage value was estimated at $2,800, and the truck would most likely be driven for 100,000 miles. The company uses the units-of-production method of depreciation.
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