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Waterway corporation purchased a truck at the beginning of 2020 for $59,500. the truck is estimated to have a salvage value of $2,380 and a useful life of 190,400 miles. it was driven 27,370 miles in 2020 and 36,890 miles in 2021. compute depreciation expense using the units-of-production method for 2020 and 2021.
a. depreciation expense for 2020 $enter a dollar amount.
b. depreciation expense for 2021 $enter a dollar amount.
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Waterway corporation purchased a truck at the beginning of 2020 for $59,500. the truck is estimated...
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