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On December 31, year 0, your company bought a delivery truck for $45,000. The expected useful life is 4 years, with an expected salvage value

  1. On December 31, year 0, your company bought a delivery truck for $45,000. The expected useful life is 4 years, with an expected salvage value of $15,000. Based on this information, and assuming straight-line depreciation, calculate the following amounts
    1. Depreciation on delivery truck in year 1:
    2. Ending net book value of delivery truck for year 2:
    3. Accumulated depreciation at the beginning of year 3:
    4. Net Book value on Dec 31, year 4:

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