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What is the depreciation expense for the year ended

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Reference no: EM131296102

On September 1, a company purchased a vehicle for $93,000 with a residual value of $7,000. The estimated useful life is 8 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 31?

$3,875

$2,688

$3,583

$10,750

Reference no: EM131296102

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