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On January 1, Tiger Inc. purchased a vehicle for $44882. Tiger Inc.'s depreciation policy states that Vehicles are depreciated straight-line over a useful life of
On January 1, Tiger Inc. purchased a vehicle for $44882. Tiger Inc.'s depreciation policy states that Vehicles are depreciated straight-line over a useful life of 9 years. If Tiger Inc. recorded $2613 in depreciation expense on December 31 when it closes its books, what is the implied salvage value of the vehicle? $ (note: round answer to the nearest whole number, enter numbers only, no commas, periods, etc.)
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