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Mathematics, 21.09.2019 06:30 Fire8615

Atruck costs $16,000 with a residual value of $1,000. it has an estimated useful life of five years. if the truck was bought on july 3, what would be the book value at the end of year 1 using straight-line rate?

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Atruck costs $16,000 with a residual value of $1,000. it has an estimated useful life of five years....
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