TTU's athletic department purchased a new van for $30,000. They expect to sell it in 3 years
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Question:
- TTU's athletic department purchased a new van for $30,000. They expect to sell it in 3 years for $4,000. What is the annual depreciation expense and annual tax deduction when using:
d.Units of production depreciation (please use the units of production method to answer this quesiton. please show your work)
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