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pter 7 Homework ។ ok at c aces Depreciation expense Saved Year 1 Help Exercise 7-15B Determine activity-based depreciati
Posted: Fri Jul 01, 2022 8:51 am
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- Pter 7 Homework Ok At C Aces Depreciation Expense Saved Year 1 Help Exercise 7 15b Determine Activity Based Depreciati 1 (31.41 KiB) Viewed 70 times
pter 7 Homework ។ ok at c aces Depreciation expense Saved Year 1 Help Exercise 7-15B Determine activity-based depreciation (LO7-4) A
company acquired a delivery truck on October 1, Year 1, for $18,000. The
company estimates a residual value of $3,700 and a six- year service life. It expects to drive the truck 130,000 miles. Actual mileage was 4,300 miles in Year 1 and 17,600 miles In Year 2 Year 2 Save & Exit Submit Required: Calculate depreciation expense using the activity-based method for Year 1 and Year 2, assuming a December 31 year-end (Do not round your intermediate calculations.) Check my work