Rose Bush Nursery purchased a delivery truck for $27,000. The truck is expected to have a useful life of 4 years and a residual value of $1,080. If the truck was purchased on June 1, 2013, what is the amount of depreciation expense for the truck for the year ended December 31, 2013?
A) $3,780
B) $1,080
C) $6,480
D) $3,240
Correct Answer:
Verified
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