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A Truck was purchased on September 18th, 2019 for $ 75,000. Depreciation is charged on...

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Accounting

A Truck was purchased on September 18th, 2019 for $ 75,000. Depreciation is charged on double declining balance method @ 10% The company year end date is December 31st. The Accumulated depreciation on December 31st 2020 was: * 2 points

$ 9,375

$ 9,187.5

$ 8,395.5

$ 7,312.5

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