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A fleet of refrigerated delivery trucks is acquired on January 5, 2015, at a cost of $1,000,000 with an estimated useful life of 10 years
A fleet of refrigerated delivery trucks is acquired on January 5, 2015, at a cost of $1,000,000 with an estimated useful life of 10 years and an estimated salvage value of $90,000. Compute the depreciation expense for the first 3 years using the double-declining-balance method. (Round your answers to the nearest dollar.)
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