Business, 05.12.2019 04:31 wiedm4518

Sheridan company purchased a delivery truck for $36,000 on july 1, 2022. the truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. actual miles driven were 15,000 in 2022 and 12,000 in 2023. sheridan uses the straight-line method of depreciation. what is the amount of accumulated depreciation at december 31, 2023, if the straight-line method of depreciation is used? $78,000$80,000(x)$156,000$160,000

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Sheridan company purchased a delivery truck for $36,000 on july 1, 2022. the truck has an expected s...

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