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Marin Chemicals Company acquires a delivery truck at a cost of $20,400 on January 1,2022 . The truck is expected to have a salvage value

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Marin Chemicals Company acquires a delivery truck at a cost of $20,400 on January 1,2022 . The truck is expected to have a salvage value of $4,500 at the end of its 4 -year useful life. Compute arnual depreciation for the first and second years using the straight-line method. Marin Chemicals Company acquires a delivery truck at a cost of $20,400 on January 1,2022 . The truck is expected to have a salvage value of $4,500 at the end of its 4 -year useful life. Compute arnual depreciation for the first and second years using the straight-line method

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