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Allure Company purchased a new car for use in its business on January 1, 2020....

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Allure Company purchased a new car for use in its business on January 1, 2020. It paid $23,000 for the car. Allure expects the car to have a useful life of four years with an estimated residual value of zero. Allure expects to drive the car 20,000 miles during 2020, 25,000 miles during 2021, 60,000 miles in 2022, and 79,000 miles in 2023, for total expected miles of 184,000. Read the requirements. (Complete all input fields. Enter a 0 for any zero values.) Units-of-production method Annual Depreciation Accumulated Expense Depreciation Book Value 23,000 Year Start 2020 5750 5750 17250 2021 5750 11500 11500 2022 5750 17250 5750 2023 5750 23,000 0

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