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Gardner Corporation purchased a truck at the beginning of 2012 for $90,000. The truck is estimated to have a salvage value of $3,600 and a useful life of 120,000 miles. It was driven 18,000 miles in 2012 and 32,000 miles in 2013. What is the depreciation expense for 2012 :

A) $12,960

B) $13,500

C) $36,000

D) $21,600

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Accounting Basics, Accounting

Category:- Accounting Basics
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