Prepare a depreciation schedule showing depreciation expense

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Question - A small delivery truck was purchased on January 1 at a cost of $20,360. It has an estimated useful life of four years and an estimated salvage value of $5,280.

Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the sum of the year's digits method.

Reference no: EM132224273

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