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A Company purchased a delivery truck on January 1, 2021, for $880,000. The truck has an estimated life of 10 years and an estimated residual

A Company purchased a delivery truck on January 1, 2021, for $880,000. The truck has an estimated life of 10 years and an estimated residual value of $3,000. If the company uses double-declining balance, what would be the book value of the truck after two years?

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