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Current Attempt in Progress Oriole Ltd . purchased a delivery truck on May 1 , 2 0 2 1 , at a cost of $
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Oriole Ltd purchased a delivery truck on May at a cost of $ The truck is expected to have a residual value of $ at the end of its year useful life. Oriole has a December year end. Calculate the depreciation expense using the diminishingbalance method for and Assume the depreciation rate is equal to one time the straightline rate. Round answers to decimal places, eg
Depreciation expense
$
$
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