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On January 1, year 1, Marino Moving company paid $ 48000 to purchase a truck . The truck was expected to have a four year
On January 1, year 1, Marino Moving company paid $ 48000 to purchase a truck . The truck was expected to have a four year useful life and an 8000 salvage value. If Marino uses the double declining balance method the amount of accumulated depreciation shown on the Year 3 balance sheet is
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