Question: ??? Calculate the depreciation for Year 1 using the units-of-production (activity-based) depreciation method. 40 service trucks were purchased at a cost of $38,000 each. Each

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Calculate the depreciation for Year 1 using the units-of-production (activity-based) depreciation method. 40 service trucks were purchased at a cost of $38,000 each. Each truck is estimated to be driven a total of 80,000 miles and then be sold for an estimated $8,000. In Year 1, the trucks were driven 1,120,000 miles

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