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Compute annual depreciation for the first and second years

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Sage Hill Chemicals Company acquires a delivery truck at a cost of $20,800 on January 1, 2017. The truck is expected to have a salvage value of $3,400 at the end of its 4-year useful life.

Question 1: Compute annual depreciation for the first and second years using the straight-line method. (Round answers to 0 decimal places, e.g. 125.)

Reference no: EM132488366

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