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Question 18 of 30 -/2 View Policies Current Attempt in Progress Iverson Company purchased a delivery truck for $45,000 on January 1, 2021. The truck

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Question 18 of 30 -/2 View Policies Current Attempt in Progress Iverson Company purchased a delivery truck for $45,000 on January 1, 2021. The truck was assigned an estimated useful life of 5 years and has a residual value of $10,000. Compute depreciation expense using the double-declining-balance method for the years 2021 and 2022 Depreciation expense for 2021 Depreciation expense for 2022 $ Save for Later Attempts: 0 of 1 used Submit

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