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On January 1, 2023 Manitoba Top Retailer purchased a truck that cost a total of $78,000. The truck has an estimated useful life of 4

On January 1, 2023 Manitoba Top Retailer purchased a truck that cost a total of $78,000. The truck has an estimated useful life of 4 years and residual value of $6,400. 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 2023 Answer 78000 Answer 17900 Answer 17900 Answer 60100 2024 Answer 60100 Answer Answer Answer 2025 Answer Answer Answer Answer 2026

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