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please answwr this and show work! on Jan 1, 2025, a corporation acauired a truck for $60,000, Residual value was estimated to be $20,000. The

please answwr this and show work!

on Jan 1, 2025, a corporation acauired a truck for $60,000, Residual value was estimated to be $20,000. The truck can be driven for 110,000 miles for a useful life of 4 years. Actual usage of the truck was recorded as 14,000 miles for the first year. What is the amount of depreciation expense for the first year calculated by the double declining balance mothod

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