A truck costs $9,200 with a residual value of $1,000. it is estimated that the useful life of the truck is four years. the amount of depreciation expense in year 2 using the declining-balance method at twice the straight-line rate is:
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Home » Business » A truck costs $9,200 with a residual value of $1,000. it is estimated that the useful life of the truck is four years. the amount of depreciation expense in year 2 using the declining-balance method at twice the straight-line rate is: