FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Nerdz, Inc. has just acquired a new truck for use in the business. Cost of the truck was $40,000. Nerdz has determined that the life of the truck will be three years with no salvage.
Calculate the amount of monthly depreciation on the asset (round to nearest dollar; do not use "$" or commas in your answer)
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