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G Question 3 of 4 < View Policies -/1 E Current Attempt in Progress Wildhorse Ltd. purchased a delivery truck on January 1, 2021, at
G Question 3 of 4 < View Policies -/1 E Current Attempt in Progress Wildhorse Ltd. purchased a delivery truck on January 1, 2021, at a cost of $74,080. The truck is expected to have a residual value of $8.490 at the end of its 4-year useful life. Wildhorse has a December 31 year end. Use the diminishing-balance method and assume the depreciation rate is equal to double the straight-line rate. (a) Calculate the depreciation for each year of the truck's life. (Round answers to O decimal places, eg 5,275) 2021 $ Depreciation expense 2022 $ 2023 $ 2024 $ eTextbook and Media
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