A company purchased a delivery van for $18,500 with a salvage value of $2,900 on...
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A company purchased a delivery van for $18,500 with a salvage value of $2,900 on October 1, Year 1. It has an estimated useful life of 4 years. Using the straight-line method, how much depreciation expense should the company recognize on December 31, Year 1?
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0%
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100%
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