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Posted: **Thu May 19, 2022 12:56 pm**

: A Company Purchased A Delivery Van For 24 800 With A Salvage Value Of 3 300 On October 1 Year 1 It Has An Estimated 1 (12.6 KiB) Viewed 81 times

: A Company Purchased A Delivery Van For 24 800 With A Salvage Value Of 3 300 On October 1 Year 1 It Has An Estimated 2 (39.54 KiB) Viewed 81 times

A company purchased a delivery van for $24 800 with a salvage value of $3,300 on October 1. Year 1. It has an estimated useful life of 5 years Using the straight-line method how much depreciation expense should the company recognize on December 31, Year 1? Multiple Choice
Multiple Choice O $4,960. bok O $1,653 $90. $1,075 $4,300