On January 1, 2012, a company buys a truck for $42,000 cash. It has estimated residual value of $2,000, and an estimated life of 4 years, or 200,000 miles. Assume the company uses straight-line depreciation. Please complete the depreciation schedule below.

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The Answer of On January 1, 2012, a company buys a truck for $42,000 cash. It has estimated residual value of $2,000, and an estimated life of 4 years, or 200,000 miles. Assume the company uses straight-line depreciation. Please complete the depreciation schedule below.

On January 1, 2012, a Company Buys a Truck for $42,000