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Compute the depreciation expense for the first three years

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Reference no: EM132158285

Question - Double-declining-balance method

A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $830,000 with an estimated useful life of eight years and an estimated salvage value of $75,000.

Compute the depreciation expense for the first three years using the double-declining-balance method.

Reference no: EM132158285

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