A company purchases a truck with a useful life of 5 years. The cost was $100000 with an estimated salvage value of $10000. Using the double declining balance method and the sum of the years’ digits method, what is the depreciation in year 2 Double-DecliningSum of Years’ Digits ①A. $ 40000$ 24000 ②B. $ 24000$ 45000 ③C. $ 24000 $ 24000
A.
B.
C.