Xit Company bought a new delivery truck. The manufacturer says that the truck should last for ten years or 120,000 miles. Xit plans to use the truck for 4 years, during which it will be driven 50,000 miles. What is the useful life of the truck for straight-line depreciation purposes
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Home » Business » Xit Company bought a new delivery truck. The manufacturer says that the truck should last for ten years or 120,000 miles. Xit plans to use the truck for 4 years, during which it will be driven 50,000 miles.