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Montello Inc. purchases a delivery truck for $21,526. The truck has a salvage value of $2,362 and is expected to be driven for 7 years.

Montello Inc. purchases a delivery truck for $21,526. The truck has a salvage value of $2,362 and is expected to be driven for 7 years. Montello uses the straight-line depreciation method. Calculate the annual depreciation expense. Round to the whole dollar, no decimal places.

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