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Double-Declining-Balance Depreciation A small delivery truck was purchased on January 1 at a cost of $50,000. It has an estimated useful life of four years

image text in transcribed Double-Declining-Balance Depreciation A small delivery truck was purchased on January 1 at a cost of $50,000. It has an estimated useful life of four years and an estimated salvage value of $10,000. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the double-declining-balance method. If an amount is zero, enter " 0

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