Current Attempt in Progress Blossom Corporation purchased a truck at the beginning of 2025 for...
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Current Attempt in Progress Blossom Corporation purchased a truck at the beginning of 2025 for $110400. The truck is estimated to have a salvage value of $3400 and a useful life of 115000 miles. It was driven 18000 miles in 2025 and 26000 miles in 2026. Depreciation expense for 2026 is (Round intermediate calculations to 3 decimal places, e.g. 0.245 and final answer to 0 decimal places, e.g. 1,525.) $24180. $25729. $7133. $40920
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