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On September 1, a company purchased a vehicle for $73,000 with a residual value of $8,000. The estimated useful life is 5 years and the

On September 1, a company purchased a vehicle for $73,000 with a residual value of $8,000. The estimated useful life is 5 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 31?

$3,250

$4,867

$13,000

$4,333

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