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Calculate depreciation expense

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Question - Deuce Company purchased a truck for $45,000 on January 1, 2018. The asset has an expected salvage value of $5000 at the end of its five-year useful life.

Calculate depreciation expense in 2019 (the second year) under:

a) Straight line depreciation.

b) Double-Declining depreciation.

c) Sum-of-years digits depreciation.

Reference no: EM132190759

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