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Rapture Company purchased a new car for use in its business on January 1, 2017. It paid $20,000 for the car. Rapture expects the car

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Rapture Company purchased a new car for use in its business on January 1, 2017. It paid $20,000 for the car. Rapture expects the car to have a total ite of four years with an estimated residual value of zero. Rapture expects to drive the car 30,000 miles during 2017, 35,000 miles during 2018, 60,000 miles in 2019 and 10,000 milenin 2020, for total expected miles of 125,000 Read the requirements (Complete all answer boxes. Enter a "o" for any zero values.) Double-declining balance method Annual Depreciation Accumulated Expense Depreciation Book Value Year Start 2017 2018 2019 Requirements Using the double-declining-balance method of depreciation, calculate the following amounts for the car for each of the four years of its expected life: a. Depreciation expense b. Accumulated depreciation balance C. Book value Print Done

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