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Ylmaz Company purchased a delivery truck for $100,000 on January 1,2020 . The truck was assigned an estimated useful life of 200,000 miles and has

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Ylmaz Company purchased a delivery truck for $100,000 on January 1,2020 . The truck was assigned an estimated useful life of 200,000 miles and has a residual value of $40,000. The truck was driven 55,000 miles in 2020 . Compute depreciation expense using the units-of-activity method for the year 2020

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