On January 1, 2014, Paul Company purchased a delivery truck for $ 45,000. Management estimated the useful life to be six

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answerhappygod
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On January 1, 2014, Paul Company purchased a delivery truck for $ 45,000. Management estimated the useful life to be six

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On January 1, 2014, Paul Company purchased a delivery truck for$ 45,000. Management estimated the useful life to be six years witha $ 3,000 salvage value.
Calculate depreciation expense under double-decliningbalance estimation techniques for 2015 (the secondyear).
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