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Carla Vista Ltd . purchased a delivery truck on January 1 , 2 0 2 4 , at a cost of $ 9 8 ,
Carla Vista Ltd purchased a delivery truck on January at a cost of $ The truck is expected to have a residual value of $ at the end of its year useful life. Carla Vista has a December year end. Use the diminishingbalance method and assume the depreciation rate is equal to double the straightline rate.
a
Calculate the depreciation for each year of the truck's life.
tableDepreciation Expense,$$$
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