Chen Company completed the following transactions and events involving its delivery trucks. Round the answers to the nearest dollar
On January 1, 2016 Chen Company paid $19,415 cash plus $1,165 in sales tax for a new delivery truck estimated to have a five-year life and a $3,000 residual value. Delivery truck costs are recorded in the Trucks accounts.
What was the annual depreciation expense on the truck in 2016?