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    3. XYZ Electronics purchased a delivery truck on january 2, 2005 costing $32,000. The truck was expected to have a useful life of five years and a scrap value of $2,000. Using the declining-balance method, the accumulated depreciation of the delivery truck on December 31, 2006 would be ?
    XYZ Electronics purchased a delivery truck on january 2, 2005 costing $32,000. The truck was expected to have a useful life of five years and a scrap value of $2,000. Using the declining-balance method, the accumulated depreciation of the delivery truck on December 31, 2006 would be ?

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    0  Views: 1334 Answers: 1 Posted: 10 years ago
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