A truck for hauling coal has estimated net cost of 55000


A truck for hauling coal has estimated net cost of $55,000 and expected to give service life of 250,000 miles with salvage value of $5,000. Compute the allowed depreciation amount for truck usage of 30,000 miles. (Hint: Consider miles equivalent to time period)

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Business Economics: A truck for hauling coal has estimated net cost of 55000
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