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Example 5: Carl Company buys a truck for $90,000. The truck is expected to last 10 years. During the third year, Carl Company realizes that

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Example 5: Carl Company buys a truck for $90,000. The truck is expected to last 10 years. During the third year, Carl Company realizes that the truck is only geing to last a total of five years. The truck is depreciated on the straight-line basis and has ne estimated salvage value. Create a depreciation schedule for the life of the truck (five years)

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