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On September 1, Emil Rovey purchased a vehicle for $113,000 with a residual value of $5,000. The estimated useful life is 9 years and

On September 1, Emil Rovey purchased a vehicle for $113,000 with a residual value of $5,000. The estimated useful life is 9 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 31? (Round your answer to the nearest whole dollar amount.) Multiple Choice $4,000 $4,185 $12,000 $3,000

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