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Carla Vista Pants Company acquires a delivery truck on April 6, 2021, at a cost of $40,000. The truck is expected to have a residual

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Carla Vista Pants Company acquires a delivery truck on April 6, 2021, at a cost of $40,000. The truck is expected to have a residual value of $7.200 at the end of its 4-year useful life. Assume that the company has a policy of recording a half-year's depreciation in the year of acquisition and a half-year's depreciation in the year of disposal. Using the double diminishing-balance method, calculate the depreciation expense for each year of the equipment's life. $ $ Depreciation -2021 Depreciation - 2022 Depreciation - 2023 Depreciation - 2024 $

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