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please help me with these 2 questions. On January 1, 2018 Top Truck Retailer purchased a truck that cost a total of $89,000. The truck

please help me with these 2 questions.

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On January 1, 2018 Top Truck Retailer purchased a truck that cost a total of $89,000. The truck has an estimated useful life of 4 years and $7,000 residual value. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole dollar. Complete the table assuming the company uses straightline depreciation. 2018 2019 2020 2021 On January 1, 2018, Star Inc. purchased equipment for the new plant. The company paid $225,000 for the new equipment. Assume the company uses the doubledeclining balance method to depreciate the equipment and that the machines have an expected useful life of4 years with no residual value. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole dollar. a) Prepare the following schedule to record the depreciation expense, accumulated depreciation and net book value for the 4 years. 2018 2019 2020 2021 b] Give thejournal entry to record depreciation expense at the end of 2019. Date Description Debit Credit 0 Dec 31 A v To record depreciation expense for2019

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