Deuce Company purchased a truck for $50,000 on January 2,201. The asset has an expected...

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Accounting

Deuce Company purchased a truck for $50,000 on January 2,201. The asset has an expected salvage value of $5,000 at the end of its five-year useful life.
What depreciation method is used if depreciation expense is $6,000 in 204?
Multiple Choice
Double-declining balance.
Straight-line.
Sum of years' digits.
Composite.
image

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