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How much depreciation expense will be recorded for the truck

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problem 1: On July 1, 2020, Nuby Trucking Company purchased a new truck for $52,000. The truck is estimated to have a useful life of six years and a residual value of $10,000. How much depreciation expense will be recorded for the truck during the year ended December 31, 2020?

a. $4,000
b. $3,000
c. $7,000
d. $3,500
e. $6,000

Reference no: EM132785463

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