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Jackal Energy purchased a transport Truck on January 1, 2020 for $353,200 cash is estimated uselites live years of 360.000 kilometres with an estimated residual
Jackal Energy purchased a transport Truck on January 1, 2020 for $353,200 cash is estimated uselites live years of 360.000 kilometres with an estimated residual value of SSA 400. Required: Calculate depreciation expense for the year ended December 31, 2020, using each of the following methods: (Do not round intermediate calculations. 6. Straight line b. Double declining balance c. Units of production (assume 34.000 kilometres were actually driven in 20201 Depreciation Expanse Method Straight Double-declining talance units of production b
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