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Crane company purchased a truck at the beginning of 2017

Question - Crane Company purchased a truck at the beginning of 2017 for $109500. The truck is estimated to have a salvage value of $5100 and a useful life of 116000 miles. It was driven 18000 miles in 2017 and 26000 miles in 2018. What is the depreciation expense for 2017?

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Accounting Basics: Crane company purchased a truck at the beginning of 2017

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Accounting Basics: Crane company purchased a truck at the beginning of 2017

Reference No:- TGS02547862

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