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Concord Corporation purchased a truck at the beginning of 2020 for $109800. The truck is...

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Accounting

Concord Corporation purchased a truck at the beginning of 2020 for $109800. The truck is estimated to have a salvage value of $5100 and a useful life of 124000 miles. It was driven 22000 miles in 2020 and 30000 miles in 2021. What is the depreciation expense for 2021

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