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AP Gordon Chemicals Company acquires a delivery truck at a cost of $31.000 on January 1, 2022. The truck is expected to have a salvage

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AP Gordon Chemicals Company acquires a delivery truck at a cost of $31.000 on January 1, 2022. The truck is expected to have a salvage value of $4,000 at the end of its 4-year useful life.Compus annual depreciation for the first and second years using the straight-line method. BE9.5 (LO 2). AN

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