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Montello Inc purchases a delivery truck for $14,000. The truck has a salvage value of $3,000 and is expected to be driven for 110,000 miles.

Montello Inc purchases a delivery truck for $14,000. The truck has a salvage value of $3,000 and is expected to be driven for 110,000 miles. Mantelloutes the units. production depreciation method and in year one it expects to use the truck for 29,000 miles. Calculate the annual depreciation expense

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