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Question 2 of 17 2.25 / 4.5 III View Policies Show Attempt History Current Attempt in Progress Blossom Company purchased a 777 aircraft on January

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Question 2 of 17 2.25 / 4.5 III View Policies Show Attempt History Current Attempt in Progress Blossom Company purchased a 777 aircraft on January 1, 2020 at a cost of $ 40,880,000. The estimated useful life of the aircraft is 20 years, with an estimated salvage value of $ 6,132,000. Compute the accumulated depreciation and book value at December 31, 2022 using the straight-line method and the double- declining-balance method. Straight-line Declining-balance Accumulated depreciation $ $ Book value $ $ eTextbook and Media Save for Later Attempts: 1 of 5 used Submit

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