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Computing Depreciation Adelivery van costing 74,000 is expected to have a 55.800 salvage value at the end of its seful life of five years. Assume

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Computing Depreciation Adelivery van costing 74,000 is expected to have a 55.800 salvage value at the end of its seful life of five years. Assume that the truck was purchased on January 1. Compute the depreciation expense for the first two calendar years under the straight line deprecation method Depreciation in Year 15 Depreciation in Year 2.5

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