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Business, 06.05.2020 02:45 filthyfish

1. Mango Inc. purchased a new truck on July 3, 2011 for $60,000. The truck had estimated life of 5 years with an estimated residual value of $5,000. Prepare the depreciation tables which includes depreciation expenses, accumulated depreciation and book value under straight line, double decline balance methods and sum-of-the-years digits, assuming Mango depreciate assets placed in service during the year on the basis of the closest full month

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