To meet increased delivery demands

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Reference no: EM13770264

To meet increased delivery demands, a Dairy company just bought 15 new delivery trucks. Each truck cost $30,000 and has an expected life of 4 years. The trucks can each be sold for $8,000 after four years. Using CCA Class 10 depreciation, determine a) the depreciation allowance for Year 2 for the fleet, and b) the book value of the fleet at the end of year 3.

Reference no: EM13770264

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