Depreciation information for Buckingham Ltd. is given in BE9-4. Using the diminishing-balance method and assuming the depreciation

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Depreciation information for Buckingham Ltd. is given in BE9-4. Using the diminishing-balance method and assuming the depreciation rate is equal to one time the straight-line rate, calculate the depreciation

(a) For 2012 and 2013,

(b) In total over the truck's life.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118024492

5th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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