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Cullumber Chemicals Company acquires a delivery truck at a cost of $ 2 5 , 2 0 0 on January 1 , 2 0 2

Cullumber Chemicals Company acquires a delivery truck at a cost of $25,200 on January 1,2022. The truck is expected to have a salvage value of $3,900 at the end of its 4-year useful life.Compute annual depreciation for the first and second years using the straight-line method.First YearSecond YearAnnual depreciation under straight-line method $

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