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check work Sunland Ltd. purchased a delivery truck on May 1, 2018, at a cost of $72,960. The truck is expected to have a residual
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Sunland Ltd. purchased a delivery truck on May 1, 2018, at a cost of $72,960. The truck is expected to have a residual value of $7,430 at the end of its 4-year useful life. Sunland has December 31 year end. Calculate d depreciation experise USing the diminishing-balance method for 2018 and 2019. Assume the depreciation rate is equal to one time the straight- line rate. deci places, e.g. answers to Depreciation expense 10,976 2018 t 2019 15,496Step by Step Solution
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