Tamarisk Company purchased a truck for $74,700. The company expected the truck to last four years...

 

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Tamarisk Company purchased a truck for $74,700. The company expected the truck to last four years or 100,000 miles, with an estimated residual value of $6,700 at the end of that time. During the second year, the truck was driven 26,000 miles. Compute the depreciation for the second year under each of the methods below. Units-of-activity Double-declining-balance $ S 17680 37350 Tamarisk Company purchased a truck for $74,700. The company expected the truck to last four years or 100,000 miles, with an estimated residual value of $6,700 at the end of that time. During the second year, the truck was driven 26,000 miles. Compute the depreciation for the second year under each of the methods below. Units-of-activity Double-declining-balance $ S 17680 37350

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It looks like you have an accounting question regarding the calculation of depreciation of a truck using two different methods unitsofactivity and doubledecliningbalance In the image youve provided I ... View the full answer