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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 $890,000 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 $890,000 with an estimated useful life of 8 years and an estimated salvage value of $80,100 Compute the depreciation expense for the first 3 years using the double-declining-balance method. (Round your answers to the nearest dollar.) Depreciation for the Period End of Period Beginning of Period Book Value Depreciation Depreciation Accumulated Book Value Annual Period First Year Second Year Third Year Rate (%) Depreciation Book Value
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