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double deciling method
Diversey Corporation purchased a truck for $32,000 that had an estimated salvage value of $4,000 and an estimated life of 4 years.
The truck was to be driven for a total of 60,000 over 4 years. The truck was to be driven 20,000 miles in Year 1, 15,000 miles in Year 2, 10,000 miles in Year 3 and 15,000 miles in Year 4. Complete a depreciation schedule for each of the following depreciation methods: |
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