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On January 1, 2014, Rowley Company purchased a truck that cost $37,000. The truck had an expected useful life of 4 years and a

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On January 1, 2014, Rowley Company purchased a truck that cost $37,000. The truck had an expected useful life of 4 years and a $3,000 salvage value. The amount of depreciation expense recognized in 2014 assuming that Rowley uses the double declining balance method is: Multiple Choice $17,000. $8,500. $18,500. $9,250

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