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Question 21 5 pt A truck was purchased for $180,000 and it was estimated to have a $36,000 salvage value at the end of its
Question 21 5 pt A truck was purchased for $180,000 and it was estimated to have a $36,000 salvage value at the end of its 5 year useful life. The Double Declining Balance rate for this truck is 50% 20% 40% O 30% Question 22 5 pts A truck was purchased for $180,000 and it was estimated to have a $36,000 salvage value at the end of its 5 year useful life in years, or 100,000 miles in usage. It was driven 25,000 in the first year. The depreciation for the first. year is $36.000 $28,800
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