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An asset having a four-year service life and a salvage value of $5,000 was acquired for $45,000 cash on April 2. Using straight-line depreciation, what

An asset having a four-year service life and a salvage value of $5,000 was acquired for $45,000 cash on April 2. Using straight-line depreciation, what will be the partial year depreciation expense at the end of the first year, December 31?

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