The truck purchased in Exercise 18-2A is expected to be used for 96,000 miles over its eight-year
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The truck purchased in Exercise 18-2A is expected to be used for 96,000 miles over its eight-year useful life. Using the units-of production method, calculate the depreciation expense for the first and third years of use if the truck is driven 20,000 miles in year 1 and 18,000 miles in year 3.
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