A tractor for trailers was purchased for $58,000 and has a resale value of $8,000. The

Chapter 17, Problem 10

(choose chapter or problem)

A tractor for trailers was purchased for $58,000 and has a resale value of $8,000. The tractor is expected to be used for 250,000 miles and is driven 19,740 miles the first year. Find the depreciation for the year.

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