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UCF Diner bought a delivery truck on 1/1 at a cost of $37,000, an estimated salvage (residual) value of $9,000, and an estimated useful life
UCF Diner bought a delivery truck on 1/1 at a cost of $37,000, an estimated salvage (residual) value of $9,000, and an estimated useful life of 5 years. The truck is being depreciated on a straight-line basis. At the end of the first year (12/31), what amount will be reported for depreciation expense
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