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Question ? ( 10 points) Cambridge Company purchased a truck on January 1, 2018. Cambridge paid $2 4, 000 for the truck. The truck is

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Question ? ( 10 points") Cambridge Company purchased a truck on January 1, 2018. Cambridge paid $2 4, 000 for the truck. The truck is expected to have a s] SOD residual value and a 5- Year life . Cambridge has a December 3 1 fiscal Year end . I'sing the straight - line method , how much is the 1019 depreciation expense ?" ( Enter only whole dollar values . ! Your Answer` AnISTVer

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