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Brief Exercise 9-4 Your answer is incorrect. Try again. Gordon Chemicals Company acquires a delivery truck at a cost of $35,200 on January 1, 2017.

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Brief Exercise 9-4 Your answer is incorrect. Try again. Gordon Chemicals Company acquires a delivery truck at a cost of $35,200 on January 1, 2017. The truck is expected to have a salvage value of $3,400 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 14080 8448 Click if you would like to Show Work for this question: Open Show Work

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