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GS8-6 Double-declining-balance method LO P1 A fleet of refrigerated delivery trucks is acquired on January 5. 2017, at a cost of $850,000 with an estimated

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GS8-6 Double-declining-balance method LO P1 A fleet of refrigerated delivery trucks is acquired on January 5. 2017, at a cost of $850,000 with an estimated useful life of 8 years and an estimated salvage value of $76,500. Compute the depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar) Depreciation for the Period End of Period Beginning of Period Book Depreciation Depreciation Accumulated ual Period Rate (%) Depreciation Book Value First Year Second Year Third Year

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