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On January 2, 2018, Quick Delivery Service purchased a truck at a cost of $90,000. Before placing the buck in service, Quick spent $2.700 painting

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On January 2, 2018, Quick Delivery Service purchased a truck at a cost of $90,000. Before placing the buck in service, Quick spent $2.700 painting a $2.500 replacing tires and 54,300 overhauling the engine. The truck should emain in service for five years and have a residual value of 33,000 The budk's annual mileage is expected to be 21,000 miles in each of the first four years and 16,000 miles in the fifth year 100.000 miles in total. In deciding wid depend on method to use, Carl Thomas the general manager requests a depreciation schedule for each of the depreciation methods (straight-ne units of production, and double declining balance) Read the resments DOB Depreciation Accumulated Book Date Cost Valve Expense Depreciation 1-2-2018 12-31-2018 Beck Rate Value * 12-01-2019 12-31-2020 12-11 2121 1231-2022 Romantik prepares fondatements using the declinated that reports the light come in the early years of men. Consider the year that Quickes the work only the depreciation method that meets the company's objectives The depreciation method that reports the highest come in the years the mathedraces the depreciation expense and therefore the highest net income

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