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Business, 18.11.2019 20:31 krystalhurst97

Clarence trucking inc. purchased a new truck on january 1 of the current year for $360,000. its useful life is expected to be 8 years and its salvage value is estimated at $60,000. the company uses the double-declining balance method. what is the truck's book value at the end of december 31 of the second year?

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Clarence trucking inc. purchased a new truck on january 1 of the current year for $360,000. its usef...
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