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QS 8-6 Double-declining-balance method LO P1 A fleet of refrigerated delivery trucks is acquired on January 5, 2015, at a cost of $930,000 with an
QS 8-6 Double-declining-balance method LO P1 A fleet of refrigerated delivery trucks is acquired on January 5, 2015, at a cost of $930,000 with an estimated useful life of 8 years and an estimated salvage value of $83,700. Compute the depreciation expense for the first 3 years using the double-declining-balance method. (Round your answers to the nearest dollar.) End of Period Depreciation for the Period Beginning of Depreciation Depreciation Period Book Value Rate (%) Expense Annual Period Accumulated Depreciation Book Value First Year Second Year Third Year
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