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CALCULATOR FULL SCREEN PRINTER VERssON BACK NEXTH Briet Exercise 9-13 Gerdon Chemicals Company acquires a delivery truck at a cost of $40,900 on January 1,

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CALCULATOR FULL SCREEN PRINTER VERssON BACK NEXTH Briet Exercise 9-13 Gerdon Chemicals Company acquires a delivery truck at a cost of $40,900 on January 1, 2017. The truck is expected to have a salvage value of $4,900 at the end of its 4-year usefud fe. Assuming the declining-balance depreciation rate is double the straight-line rate, compute annual deprediation for the first and second years under the decining-balance method First Year Second Year Annual depreciation under dedining-balance method Click if you would like to Show Work for this question: Open Show Work

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