How much depreciation expense should the company report for


On January 1, 2009, Fair Play, bought a $24,000 truck, which has no residual value and an expected life of 6 years. How much depreciation expense should the company report for the year ended December 31, 2011?

a. $4,000

b. $8,000

c. $12,000

d. $20,000

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Financial Management: How much depreciation expense should the company report for
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