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 A roofing company purchased a work truck for $22,000 on 1/1

Accounting

 A roofing company purchased a work truck for $22,000 on 1/1. The truck is expected to have a 3 year life and last 100,000 miles with a salvage (residual) value of $6,000. The truck was driven 25,000 in year 1. If the company uses the activity based method to calculate depreciation expense, how much would the depreciation expense be for the first year of use? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 4.75 pts Question 18 Using the % of aging-of-accounts receivable to estimate uncollectible accounts, The Valley Corporation estimates a target balance of $10,801 of its total accounts receivable that will be uncollectible. Prior to adjustment, the Allowance for Uncollectible accounts has a credit balance of $3,000. When recording the journal entry to make this adjustment, what is the amount of the debit for bad debt expense? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically ante if you calculated the answer to be $24,123, you would only input: 24123

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