A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $830,000 with an esti mated useful
Posted: Sat Mar 19, 2022 5:44 pm
A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $830,000 with an esti mated useful life of eight years and an estimated salvage value of $75,000. Compute the depreciation ex pense for the first three years using the double-declining-balance method.