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A delivery truck costing $8,000 with a salvage value of $500 and an estimated useful life of 5 years was purchased on July 1 of

A delivery truck costing $8,000 with a salvage value of $500 and an estimated useful life of 5 years was purchased on July 1 of Year 1. Depreciation Expense, Year 1, doubledeclining balance method would be

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