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Dekle energy purchased a transport truck on January 1, 2017, for $238,400 cash. Its estimated useful life is five years or 240,000 kilometers with an
Dekle energy purchased a transport truck on January 1, 2017, for $238,400 cash. Its estimated useful life is five years or 240,000 kilometers with an estimated residual value of $46,400.
Calculate depreciation expense for the year ended December 31, 2017, using each of the three methods.
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