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Carrier Company buys a truck costing $15,000. It is expected to last for 8 years...

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Carrier Company buys a truck costing $15,000. It is expected to last for 8 years but to be traded-in after 4 years for a newer model (the trade-in allowance is estimated at $3,000 ). The truck is expected to be driven 20,000KmYr125,000KmYr235,000KmYr3 What is the depreciation expense in year 3 under the units of activity depreciation method. Multiple Choice $3,900 $5,100 $3,500 $5,250 None of the other alternatives are correct

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