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Riverbed Company acquires a delivery truck at a cost of $49,000 on January 1,2022. The truck is expected to have a salvage value of $15,000

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Riverbed Company acquires a delivery truck at a cost of $49,000 on January 1,2022. The truck is expected to have a salvage value of $15,000 at the end of its 4-year useful life. Compute annual depreciation expense for the first and second years using the straight-line method

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