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BA Goodhuman Corp bought a truck on 1 / 1 / 2 3 for $ 7 0 0 , 0 0 0 and spent an

BA Goodhuman Corp bought a truck on 1/1/23 for $700,000 and spent an additional $100,000 to modify the truck to get it ready for use in the business. The truck is expected to be used for seven years then sold for about $50,000. How depreciation should be recorded in 2024 using: 1) double-declining method and 2) sum-of-the-years digits?

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