Mathematics, 02.12.2021 01:00 ErikHabdlowich

Some trucks purchased by a U-Haul franchise should last 7 years. The purchase price was $173,000. Shipping costs were $5,000. The trade-in (salvage value) is $19,000. Prepare a depreciation schedule by using the double-declining-balance method for the trucks. (Round dollar amounts to the nearest cent. Round your percentages to six decimal places.)End of Year Beginning Book Value Depreciation Rate Depreciation for the year Accumulated Depreciation Ending Book Value1 $178,000 ? ? ? ?2 ? ? ? ? ?Prepare for 7 years.

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Some trucks purchased by a U-Haul franchise should last 7 years. The purchase price was $173,000. Sh...