Sweet Eugenes purchased a delivery truck on July 1, 2019. The truck had a cost...
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Accounting
Sweet Eugenes purchased a delivery truck on July 1, 2019. The truck had a cost of $44,000, an estimated useful life of 5 years, and salvage value of $8,000. Assume that Sweet Eugenes uses the double-declining balance method of depreciation, what is depreciation expense for 2022?
Select one:
a. $5,069
b. $0
c. $4,672
d. $3,836
e. $1,190
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