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please show the calculations. Corales company acquires a delivery truck at a cost of $59,000. The truck is expected to have a salvage value of

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please show the calculations.

Corales company acquires a delivery truck at a cost of $59,000. The truck is expected to have a salvage value of $7,000 at the end of Its 5-year useful life. Assuming the declining-balance depreciation rate Is double the straight-line rate, compute annual depreciation for the first and second years under the declining-balance method

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