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On January 1, 2020 Manitoba Top Retailer purchased a truck that cost a total of $93,000. The truck has an estimated useful life of 4
On January 1, 2020 Manitoba Top Retailer purchased a truck that cost a total of $93,000. The truck has an estimated useful life of 4 years and no residual value. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole dollar. Complete the table assuming the company uses double-declining balance depreciation. Year Beginning of the Year Book Value Depreciation Expense Accumulated Depreciation Net Book Value 2020 2021 2022 2023
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