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A company purchased a delivery van for $28.400 with a salvage value of $3.900 on September 1. Year 1. It has an estimated useful life

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A company purchased a delivery van for $28.400 with a salvage value of $3.900 on September 1. Year 1. It has an estimated useful life of 5 years. Using the Straight line method, how much depreciation expense should the company recognize on December 31, Year 1? Multiple Choice 51,633 $1225 O $1893 $5.680

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