Compute depreciation expense for the first three years

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Reference no: EM13257942

A fleet of refrigerated deliverytrucks is acquired on January 5, 2008, at a cost of $830,000 withan estimated useful life of eight years and an estimated salvagevalue of $75,000. Compute the depreciation expense for the firstthree years using the double-declining-balance method.

Depreciation for the First year?

Depreciation for the Second year?

Depreciation for the Third year?

Reference no: EM13257942

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