Web20 okt. 2024 · Kristen Lu purchased a used automobile for $8,000 at the beginning of last year and incurred the following operating costs: Depreciation ($8,000 ÷ 5 years) $1,600 … WebASK AN EXPERT. Business Accounting Kristen Lu purchased a used automobile for $31,250 at the beginning of last year and incurred the following operating costs: Depreciation ($31,250+ 5 years) $ 6,250 $3,200 Insurance Garage rent $ 1,700 Automobile tax and license Variable operating cost The variable operating cost consists of gasoline, …
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Kristen Lu purchased a used automobile for $8,000 at the beg
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