On June 1, 2020 Top Truck Retailer purchased a truck that cost a total of...
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Accounting
On June 1, 2020 Top Truck Retailer purchased a truck that cost a total of $70,000. The truck has an estimated useful life of 4 years and $7,000 residual value. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole dollar. Assume that the company uses the units-of production method. The truck will be retired after 239,000 kilometers. Record of usage: year 147,800km; year 259,750km; year 371,700km; year 452,580km
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