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Jay Rad Trucking purchased a delivery truck for $25,000. The truck has a salvage value of $2,000 and is expected to be driven for 115,000

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Jay Rad Trucking purchased a delivery truck for $25,000. The truck has a salvage value of $2,000 and is expected to be driven for 115,000 miles. Jay Rad Trucking uses units-of-production depreciation method and in year 1 it expects to use the truck for 29,000 miles. What is the annual depreciation expense in year 1 (rounded to two decimal places\}? *"If the answer is a whole number, include .00 Your

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