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David purchases a delivery truck at the beginning of the year for $18000 and determines depreciation will be $3,000 each year. During the year, David

David purchases a delivery truck at the beginning of the year for $18000 and determines depreciation will be $3,000 each year. During the year, David incurs $280 to change the truck tire and incurs an additional $2500 for improvements that will increase the truck's loading capacity. Calculate the total amount that will be reflected as expenses for the year and on which financial statement Explain.

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