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Question 5 (5 points) In order to study the value of the truck that you use in your construction business, you are using the double
Question 5 (5 points) In order to study the value of the truck that you use in your construction business, you are using the double declining balance method. The truck will be kept only for eight years. If the original cost of the truck is $130,000, and the estimated market value of the truck is $10,000 in year eight. What is the depreciation value in year 3? a) Between $23,800 and $24,100 b) Between $22,900 and $23,200 c) Between $20,900 and $21,200 d) Between $18,100 and $18,400 e) Between $19,500 and $19,800 Of) None of the answers are correct
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