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Business, 05.11.2020 18:30 hannahdrees0731

Dinkins Company purchased a truck that cost $75,000. The company expected to drive the truck 100,000 miles over its 5-year useful life, and the truck had an estimated salvage value of $11,500. If the truck is driven 32,500 miles in the current accounting period, what would be the amount of depreciation expense for the year? (Do not round intermediate calculations.) a) $20,638.
b) $24,375.
c) $12,700.
d) $30,000.

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