What would the annual depreciation


On January 1, 2006, the Sepe Delivery Company purchased a delivery van for $33,000. At the end of its five-year service life, it is estimated that the van will be worth $4,000. During the five-year period, the company expects to drive the van 100,000 miles. Using the units-of-production depreciation method what would the annual depreciation for 2008 be based on these actuals?

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Accounting Basics: What would the annual depreciation
Reference No:- TGS0703781

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