On January 1, 2015, the records of Sitake Corporation showed the following regarding a truck:...
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On January 1, 2015, the records of Sitake Corporation showed the following regarding a truck: Equipment (estimated residual value, $8,500) $21,000 Accumulated depreciation (straight-line, three years) 7,500 On December 31, 2015, the delivery truck was a total loss as the result ofan accident
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