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Question 4 2 pts On July 1st 2023, Bulldozer Inc purchases a forklift for $65,000. The expected salvage value is $10,000 and the forklift is

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Question 4 2 pts On July 1st 2023, Bulldozer Inc purchases a forklift for $65,000. The expected salvage value is $10,000 and the forklift is expected to have a useful life of 10 years. Calculate the second years depreciation expense as of 12/31/2024, utilizing the double declining method, and book the JE of the depreciation below. A/C Account Description Debit Credit SE 5625 depreciation expen: Accumlated Deprec A 5625

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