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Some trucks purchased by a U-Haul franchise should last 7 years. The purchase price was...

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Accounting

Some trucks purchased by a U-Haul franchise should last 7 years. The purchase price was $172,000. Shipping costs were $5,000. The trade-in (salvage value) is $19,000. Prepare a depreciation schedule by using the double-declining-balance method for the trucks. (Round dollar amounts to the nearest cent. Round your percentages to six decimal places.)
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