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A Truck That Cost $12,000 Was Originally Being Depreciated Over

Question 76

Multiple Choice

A truck that cost $12,000 was originally being depreciated over four years using the straight-line method with no salvage value.If after one year,it was decided that the truck would last an additional four years (or a total of five years) ,the second year's depreciation would be


A) $1,500
B) $2,250
C) $2,400
D) $3,000

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