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Deuce Company purchased a truck for $50,000 on January 2, 2018. The asset has an expected salvage value of $8,000 at the end of its
Deuce Company purchased a truck for $50,000 on January 2, 2018. The asset has an expected salvage value of $8,000 at the end of its five-year useful life. What depreciation method is used if depreciation expense is $11,200 in 2019?
Group of answer choices
Sum of years' digits.
Straight-line.
Double-declining balance.
Units of Production
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