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How much is the depreciation expense

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Question - Deuce Company purchased a truck for $50,000 on January 2, 20X1. The asset has an expected salvage value of $5,000 at the end of its five-year useful life. How much is the depreciation expense in 20X5 if double-declining balance depreciation is used for 20X1-20X2 and there is a switch to straight-line in year 20X3?

Reference no: EM132951622

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