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Question 1 [Z] Your answer is Incorrect. 'l'ryr again. Cullumber Ltd. purchased a delivery truck on May 1, 2018, at a cost of $85,640. The

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Question 1 [Z] Your answer is Incorrect. 'l'ryr again. Cullumber Ltd. purchased a delivery truck on May 1, 2018, at a cost of $85,640. The truck Is expected to have a residual value of $3330 at the end of its 4-year useful life. Cullun'lber has a December 31 year end. Calculate the depreciation expense using the diminishing-balance method for 2015 and 2019. mume the depreciation rate is equal to one time the straight-line rate. (Round answers to 0 decimal places, my. 5,275.) Depraelaon expense 3' 2013 $ 43320 X 2019 $ 21.560 LINK To TEXT

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