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Question 24 1 pts a On January 1, Year 1, Friedman Company purchased a truck that cost $49,000. The truck had an expected useful life

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Question 24 1 pts a On January 1, Year 1, Friedman Company purchased a truck that cost $49,000. The truck had an expected useful life of 8 years and a $9,000 salvage value. The company uses the double-declining balance method. The book value of the truck at the end of Year 1 is: (Do not round intermediate calculations.) O $27,750. $39.000 O $30,000. O $36,750

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