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1 On January 1, Year 1 Marrow Moving Company paid $35,000 to purchase a truck. The truck was expected to have a four year useful

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1 On January 1, Year 1 Marrow Moving Company paid $35,000 to purchase a truck. The truck was expected to have a four year useful life and an $8,000 salvage value. If Marrow uses the straight-line method, the amount of accumulated depreciation shown on the Year 2 balance sheet is Multiple Choice $17.500 $35,000 $13,500 $7,000

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