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  3. a client purchases a truck for $75,000 and estimat

A client purchases a Truck for $75,000 and estimates it will be useful...

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Question

Accounting

A client purchases a Truck for $75,000 and estimates it will be useful for 200,000 miles or 5 years . In the first year, the truck is driven 30,000 miles.
Which of the following depreciation methods would generate the most depreciation in the first year?
Question 4 options:
Straight Line
Units of production
Double Declining Balance
All methods have the same depreciation

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