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Brief Exercise 9-4 Gordon Chemicals Company acquires a delivery truck at a cost of $35,600 on January 1, 2017. The truck is expected to have
Brief Exercise 9-4 Gordon Chemicals Company acquires a delivery truck at a cost of $35,600 on January 1, 2017. The truck is expected to have a salvage value of $2,900 at the end of its 5- year useful life Compute annual depreciation for the first and second years using the straight-line method. (Round answers to 0 decimal places, e.g. 125.) First Year Second Year Annual depreciation under straight-line method $
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