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Brief Exercise 9-13 Your answer is incorrect. Try again Surland Chemicals Company scoure delivery truck at a cost of $39,700
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Answer #1

Double declining rate = 200/useful life = 200/4

= 50% per year

First year = 39,700 * 50%

= 19,850

Second Year = (39,700-19,850)*50%

= 9925

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