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On January 1, Yeart, Marino Moving Company paid $48.000 cash to purchase a truck. The truck was expected to have a four year useful life

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On January 1, Yeart, Marino Moving Company paid $48.000 cash to purchase a truck. The truck was expected to have a four year useful life and a $8,000 salvage value. Marino uses the double-declining-balance metod, the amount of depreciation expense recognized on the Year 3 income statements Multiple Choice $4,000 $6,000 O $12.000 $24,000

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