estimated to have a useful? A company purchased a new truck at a cost of ,000 on July 1, 2008. The truck is estimated to have a useful life of 6 years and a salvage value of ,000. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the truck for the year ended December 31, 2008?
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10-28-2010, 11:16 PM #1Junior Member
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A company purchased a new truck at a cost of $42,000 on July 1, 2008. The truck is
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