asked 231k views
5 votes
A truck costs​ $303,000 and is expected to be driven​ 115,000 miles during its five minus −year life. residual value is expected to be zero. if the truck is driven​ 29,000 miles during the first​ year, how much depreciation should the business record under the units minus −of minus −production ​method? (round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)

1 Answer

3 votes
100,000 depreciation for the first year
answered
User Serge Pedroza
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