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On July 9, 2025, Underwood purchased a truck for $27644 with a $3915 salvage value, is expected to last five years & 40,000 miles.

On July 9, 2025, Underwood purchased a truck for $27644 with a $3915 salvage value, is expected to last five 

On July 9, 2025, Underwood purchased a truck for $27644 with a $3915 salvage value, is expected to last five years & 40,000 miles. Use partial year convention (nearest month) to depreciate fractional periods. Note: you may not require all the given information to solve. Straight line depreciation expense for 2026 will be: Round only your final answer to the nearest dollar,

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