INTERMEDIATE ACCOUNTING (LCPO)
INTERMEDIATE ACCOUNTING (LCPO)
10th Edition
ISBN: 9781264473441
Author: SPICELAND
Publisher: MCG
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Blue Ridge Logistics acquired a truck for $75,000 at the beginning of the year. The truck has a useful life of 8 years and an estimated salvage value of $7,000. Compute the annual depreciation expense using the straight-line method.
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