Accounting

Accounting

ORDER A PLAGIARISM FREE PAPER NOW

Don't use plagiarized sources. Get Your Custom Essay on
Accounting
Just from $15/Page
Order Essay

A company purchased a delivery van for $22,800 with a salvage value of $2,400 on September 1, Year 1. It has an estimated useful life of 6 years. Using the straight-line method, how much depreciation expense should the company recognize on December 31, Year 1? (Do not round intermediate calculations. Round your final answer to whole dollar amount.)