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A fleet of refrigerated delivery trucks is acquired on Jan 5, 2021, at a cost of BD100,000 with an estimated useful life of eight
A fleet of refrigerated delivery trucks is acquired on Jan 5, 2021, at a cost of BD100,000 with an estimated useful life of eight years and an estimated salvage value of BD 50,000. Compute the depreciation expense for the second year using double declining balance method: 25,000 18,750 18,570 12,500
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