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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 $860,000 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 $860,000 with an estimated useful life of 10 years and an estimated salvage value of $77,400 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 Depreciation Depreciation Accumulated Expense Annual Period Period Boolk Rate (%) Depreciation Book Value Value First Year Second Year Third Year 20% 20% 20%
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