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Question 1 (1 point Den Trucking purchased a new truck for $240,000 with $8,000 residual value. It charges depreciation as 25% using reducing balance

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Question 1 (1 point Den Trucking purchased a new truck for $240,000 with $8,000 residual value. It charges depreciation as 25% using reducing balance method. What is the depreciation in year 4 Oa $60,000 b $25.312.50 Oc $18.984375 d $24.468.75

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