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answer please a Problem II - Rokarie, Inc. purchased a truck for $30,000 in cash on January 1, 2017 The truck has a salvage or
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a Problem II - Rokarie, Inc. purchased a truck for $30,000 in cash on January 1, 2017 The truck has a salvage or residual value of $2.000. The truck is expected to drive 100.000 miles in its 8-year lifespan. The miles actually traveled during 2017 with the truck were 15,000 miles and 12.000 miles in 2018. Instructions: Determine the truck's depreciation expense according to the following depreciation methods for the years indicated in each method to. Straight-line method for 2017 and 2018 b. Units of Activity method for 2017 and 2018. C. Double Declining Balance Method for 2017 and 2018 Solution to Problema l Straight Line Method Calculation Depreciation Year 2017 Calculation Depreciation Year 2018 b. Unit of Activity Method Computation Depreciation 2017 Computation Depreciation 2018 C Double Declining Balance Book Value Beginning of Year To Depreciate 2017 2018 Depreciation Expense Accumulated Depreciation Book Value End of Year Step by Step Solution
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