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On July 1, 2023, Butfalo's Greenhouse purchased a new delivery truck for $121,000. She paid $20,000 cash and signed a promissory note for the remainder.

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On July 1, 2023, Butfalo's Greenhouse purchased a new delivery truck for $121,000. She paid $20,000 cash and signed a promissory note for the remainder. Buffalo estimates that the delivery truck will have a five-year useful life, or 275,000 kilometres and a residual value of $11,000. Buffalo's Greenhouse has a December 31 year end. Buffalo drove the truck 22,000km in 2023;62,000 km in 2024: 64,000 in 2025; 61,000 in 2026, and 67,000 in 2027. Vehicles 2023$ 2024 2025 % 2026 36 2027 2028 2. DOUBLE DIMINISHING-BALANCE METHOD 3. UNITS-OF-PRODUCTION METHOD 2025 under the double diminishing-balance method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) decimal places, e.g. 5,276. Carrying amount What is the accumulated depreciation amount on December 31.2026 under the units-of-production method? Accumulated depreciation amount What is the carrying value at the end of the life of the asset under the straight-line method? Carrying value How does carrying value at the end of the life of the asset under the straight-line method compare to the other two methods? The answer in the immediately preceding question is compared to the other two methods

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