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Depreciation and Cash Flows

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Graig Mabasa Company acquires a delivery truck at a cost of $30,000. The truck is expected to have a salvage value of $2,000 at the end of its 4-year useful life. Compute annual depreciation for the first and second years using the straight-line method.

© BrainMass Inc. brainmass.com September 20, 2018, 8:35 am ad1c9bdddf - https://brainmass.com/business/discounted-cash-flows-model/depreciation-and-cash-flows-13224
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