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View Policies Show Attempt History Current Attempt in Progress Linton Company purchased a delivery truck for $34,000 on January 1, 2022. The truck has
View Policies Show Attempt History Current Attempt in Progress Linton Company purchased a delivery truck for $34,000 on January 1, 2022. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2022 and 12,000 in 2023. (a1) Your answer is correct. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ 0.32 per mile
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