Chapter 12, Problem 12.14BE

Please solve these general accounting question not use ai and chatgpt

Question: 6 Marks A small delivery truck was purchased on January 1 at a cost of $22,320. It has an estimated useful life of four years and an estimated salvage value of $5,320. Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the straight-line method.

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