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A company purchased a new truck at a cost of $32,000 on October1,2019. The truck is estimated to have a useful life of 3

A company purchased a new truck at a cost of $32,000 on October1,2019. The truck is estimated to have a useful life of 3 years and a salvage value of $5,000. The company uses the straight-line method of depreciation.The book value of the truck at December 31, 2019 is

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