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A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $830,000 with an estimated useful life of eight years
A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $830,000 with an estimated useful life of eight years and an estimated salvage value of $75,000. Compute the depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.) Depreciation for the Period End of Period Beginning of DeprecatioDeExpenseDeprecia Depreciation Depreciation Accumulated Annual Period Period BookRate %)xpenspreciatio Book Value First Year Second Year Third Year riod Book Expense Depreciation Book Value Value
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