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help A truck with a purchase price of $35,000, a salvage value of $1,000 and a useful life of four years was purchased on January

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A truck with a purchase price of $35,000, a salvage value of $1,000 and a useful life of four years was purchased on January 1, 2019. What is the balance in the accumulated depreciation account at December 31, 2020? 1. $8,750 2. $17,500 3. $8,500 4. $17,000 5. $25,500

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