Depreciation expense on the truck

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On January 1, 2009, Spark Company purchased a delivery truck that cost $40,000. Cash of $10,000 was paid, and the balance of $30,000 was payable on January 31, 2010. The truck has an estimated useful life of four years and no residual value. Considering
only these facts, depreciation expense (on the truck) for 2009, would be ??

Reference no: EM13159118

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