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Take: Practice! Units-of-activity Depreciation 1 pt Units-of-activity Depreciation A truck acquired at a cost of...

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Take: Practice! Units-of-activity Depreciation 1 pt Units-of-activity Depreciation A truck acquired at a cost of $265,000 has an estimated residual value of $16,500, has an estimated useful life of 54,000 miles, and was driven 4,300 miles during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places. (a) The depreciable cost (b) The deprediation rate (c) The units-of-activity depreciation for the year per mile Submit Answer Try Another Version

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