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nuosto10439 Question 2 Yo Yo Inc. purchases a new delivery truck on 1/1/2017 at a cash price of $50,000 Sales tax paid was $5.000. Yo

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nuosto10439 Question 2 Yo Yo Inc. purchases a new delivery truck on 1/1/2017 at a cash price of $50,000 Sales tax paid was $5.000. Yo Yo Inc. also paid $5,000 for a custom paint and lettering job. The estimated salvage value of the truck is $3,000. The estimated useful life of the truck is 5 years. Complete the following table using the DOUBLE DECLINING BALANCE method of depreciation: Book Value Book Value BOY Depreciation Rate Depreciation Expense Accumulated Depreciation EOY 2017 2018 2019 2020 2021 EOY End of the Year BOY = Beginning of the Year

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