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  • 12-12-2022
  • Business
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assume a company purchased a vehicle on january 1, 2020 that cost $20,000. the useful life is 10 years and the salvage value is $4,000. the company uses straight-line depreciation. on january 1, 2023, the company sells the vehicle for $13,500. the company will record a gain of $1,500 from the sale. group of answer choices true false

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