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Company A and Company B each purchased a $25 000 truck on January 1 2 points of Year 1. The trucks were expected to last

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Company A and Company B each purchased a $25 000 truck on January 1 2 points of Year 1. The trucks were expected to last five years and to then have no trade-in value. Company A uses the straight-line method of depreciation: Company B uses the declining-balance method (30% rate). Assuming that the two companies' accounts were identical in every other way, at the end of Year 2 Company A will have O a total assets figure $1425 higher than Company B. O a total assets figure $5000 lower than Company B. the same total assets figure as Company B. O a total assets figure $2750 higher than Company B

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