On september 1 a company purchased a vehicle for 93000 with
Problem
On September 1, a company purchased a vehicle for $93,000 with a residual value of $7,000. The estimated useful life is 8 years and the company uses the straight line method. What is the depreciation expense for the year ended December 31?
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problemon september 1 a company purchased a vehicle for 93000 with a residual value of 7000 the estimated useful life
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