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Conor's Construction bought a truck on 1/1/ at a cost of $35,000, an estimated salvage (residual) value of $2,000, and an estimated useful life of
Conor's Construction bought a truck on 1/1/ at a cost of $35,000, an estimated salvage (residual) value of $2,000, and an estimated useful life of 4 years. The truck is being depreciated on a straight-line basis. At the end of year 2, what amount will be reported for accumulated depreciation?
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