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A company acquired a delivery truck on October 1 , Year 1 , for $ 1 7 , 1 0 0 . The company estimates

A company acquired a delivery truck on October 1, Year 1, for $17,100. The company estimates a residual value of $1,500 and a six-year service life.
Required:
Calculate depreciation expense using the straight-line method for Year 1 and Year 2, assuming a December 31 year-end.

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