Business, 25.11.2020 14:00 TH3L0N3W0LF

Sooner Machinery Company purchased a delivery truck at a cost of $56,000 on March 10, 2018. The truck has a useful life of six years with an estimated salvage value of $5,000. Compute the annual depreciation for the first two calendar years using a. The straight-line method.
b. The 150% declining-balance method.

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Sooner Machinery Company purchased a delivery truck at a cost of $56,000 on March 10, 2018. The truc...