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Pina Colada Corp. acquires a delivery truck at a cost of $43,000. The truck is expected to have a salvage value of $6,000 at the

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Pina Colada Corp. acquires a delivery truck at a cost of $43,000. The truck is expected to have a salvage value of $6,000 at the end of its 8-year useful life. Compute annual depreciation expense for the first and second years using the straight-line method Year 1 Year 2 Annual depreciation expense

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