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Kingbird, Inc. acquires a delivery truck at a cost of $ 5 7 , 0 0 0 on January 1 , 2 0 2 2

Kingbird, Inc. acquires a delivery truck at a cost of $57,000 on January 1,2022. The truck is expected to have a salvage value of $13,500 at the end of its 4-year useful life.
Compute annual depreciation for the first and second years using the straight-line method.
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