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Depreciation Methods A delivery truck costing 519,000 is expected to have a $1,500 salvage value at the end of its useful life of four years

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Depreciation Methods A delivery truck costing 519,000 is expected to have a $1,500 salvage value at the end of its useful life of four years or 125,000 miles. Assume that the truck was purchased on January 2 Calculate the depreciation expense for the second year using each of the following depreciation methods: (a) straight line. (b) double-declining balance, and (c) units of production. (Assume that the truck was driven 28.000 miles in the second year) Round all answers to the nearest dollar 4375 a Straight line 1 b. Double declining balance Units of production $

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