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A company purchased a new truck at a cost of 37900 on july

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A company purchased a new truck at a cost of $37,900 on July 1. The truck is estimated to have a useful life of 5 years and a salvage value of $3,900. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the truck during the first year ended December 31?

Reference no: EM13598658

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