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COD ader On January 2, 2024. Quick Delivery Service purchased a truck at a cost of $80,000 Before placing the truck in service, Quick spent

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COD ader On January 2, 2024. Quick Delivery Service purchased a truck at a cost of $80,000 Before placing the truck in service, Quick spent $2 200 painting it, $500 replacing tires, and $9 300 overhauling the engine. The truck should remain in service for five years and have a residual value of $8,000 The truck's annual mileage is expected to be 30,000 miles in each of the first four years and 20,000 miles in the fifth year-140,000 miles in total In deciding which depreciation method to use Steven Kittridge, the general manager requests a depreciation schedule for each of the depreciation methods (straight-line, units-of-production and double-declining balance) Read the requirements soog Chron 0.60 X 0 60 0.60 Broth Jtiliti 12-31-2026 30 000 18,000 54,000 38,000 12-31-2027 30,000 18,000 72.000 20,000 12-31-2028 20,000 12,000 84,000 8,000 Prepare a depreciation schedule using the double-declining balance (DDB) method (Round depreciation expense to the nearest whole dollar) Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Book Date Cost Value Rate Expense Depreciation Value 1.2 2024 12 31-2024 Norte ntivi 12-31-2025 ut D Spac 12 31-2026 12 31 2027 12-31-2028 Adot

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