A fleet of refrigerated delivery trucks is acquired on January 5, 2005, at a cost of $930,000
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A fleet of refrigerated delivery trucks is acquired on January 5, 2005, at a cost of $930,000 with an estimated useful life of eight years and an estimated salvage value of $150,000. Compute the depreciation expense for the first three years using the double-declining-balance method.
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Related Book For 
Fundamental Accounting Principles
ISBN: 9780072946604
17th Edition
Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta
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