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Schneider Trucking Inc. purchased a new semi-truck on January 1, 2017 for $200,000. The trucks expected useful life is 4 years and its salvage value
Schneider Trucking Inc. purchased a new semi-truck on January 1, 2017 for $200,000. The trucks expected useful life is 4 years and its salvage value is estimated at $25,000. What is the depreciation for 2017 using the declining-balance method at a double the straight-line rate?
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