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A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $950,000 with an estimated useful life of 8 years

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A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $950,000 with an estimated useful life of 8 years and an estimated salvage value of $85,500. Compute the depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.) End of Period Depreciation for the Period Beginning of Depreciation Depreciation Period Book Rate (%) Value Expense Annual Period Accumulated Depreciation Book Value First Year Second Year Third Year

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