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A company purchased a delivery van for $23,000 with a salvage value of $3,000 on September 1, 2005. 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, 2005?
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What is the amount of contract costs incurred during the year ended December 31, 2012?
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Treasury regulations would represent a temporary regulation?
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