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On January 1, 2025, a company acquired a truck for $100,000. Residual value was estimated to be $10,000. The truck can be driven for 90,000

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On January 1, 2025, a company acquired a truck for $100,000. Residual value was estimated to be $10,000. The truck can be driven for 90,000 miles or a useful life of four years. What is the book value at the end of year 2, calculated by the double-declining - balance method? O A. $25,000 B. $77,500 OC. $50,000 OD. $55,000

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