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A new vehicle was purchased on January 1 for $44,000 t has a salvage value of $7,000 and a useful ife of 5 years. To

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A new vehicle was purchased on January 1 for $44,000 t has a salvage value of $7,000 and a useful ife of 5 years. To the nearest dollar, how much will the depreciation expense for the vehicle be for the first year using the straight -line method? (Round the final answer to the nearest dollar.) OA. $7.400 . $733 O C. $B,800 O D. $8117

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