Wednesday
July 23, 2014

Homework Help: Math

Posted by sally on Thursday, July 9, 2009 at 11:30pm.

A company purchases a new delivery truck for $20,000 the truck is expected to have a useful life of 90,000 miles before replacement,and a salvage value of $2,000.In its first year the truck was driven 22,000 miles and a further 19,000 miles in year two.what is the depreciation
expense and book value at the end of year two?

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