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Bridgeport Company acquires a delivery truck at a cost of $58,000 on January 1,2022 . The truck is expected to have a salvage value of

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Bridgeport Company acquires a delivery truck at a cost of $58,000 on January 1,2022 . The truck is expected to have a salvage value of $17.000 at the end of its 4 -year useful life. Compute annual depreciation expense for the first and second years using the straight-fine method

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