On January 1, Durango Co.paid $80,000 for a new truck.Calculate the book value of the truck using straight-line depreciation at the end of the second year.

Name: On January 1, Durango Co.paid $80,000 for a new truck.Calculate the book value of the truck using straight-line depreciation at the end of the second year.
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The Answer of On January 1, Durango Co.paid $80,000 for a new truck.Calculate the book value of the truck using straight-line depreciation at the end of the second year.