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Sum-of-the-Years'-Digits Depreciation A small delivery truck was purchased on January 1 at a cost of $27, 680. It has an estimated useful life of four
Sum-of-the-Years'-Digits Depreciation A small delivery truck was purchased on January 1 at a cost of $27, 680. It has an estimated useful life of four years and an estimated salvage value of $4, 280. Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the sum-of-the-years'-digits method
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