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Your company purchases the following vehicles at the dates and values shown: depreciation with D = 2 0 % ? Note that you expect each
Your company purchases the following vehicles at the dates and values shown:
depreciation with Note that you expect each to have a useful life of five years and a salvage value of $
Depreciation charge of Truck A in $
Depreciation charge of Truck B in $
Depreciation charge of Truck C in $
Depreciation charge of Truck D in
Total depreciation charge in $
You would have a
of $
in
so your net income would
by this amount in that year.
gain on sale of assets
Ioss on sale of assets
capital gains
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