How much annual depreciation expense would be recognized for a truck that originally cost $30,000 and has an estimated useful life of 5 years with a $5,000 salvage value? $5,000 $3,333 $7,000 $10,000 $6,000?
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The depreciation is 5 years for 5000
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Answer:
$ 5000
Explanation:
= ($30000-$5000)/5
= $ 5000
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