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commenced business on January 1 , 2 0 - 1 and has a fiscal year - end of December. A used vehicle was bought on

commenced business on January 1,20-1 and has a fiscal year-end of December.
A used vehicle was bought on October 1,20-1 for $10,000. It was expected to last four full years, at the end of which it would have a resale value of $2,000. Use the straight-line method of depreciation.
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