Question 7 (1 point) Pandora Pants Company acquires a delivery truck on April 6, 2017,...
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Question 7 (1 point) Pandora Pants Company acquires a delivery truck on April 6, 2017, at a cost of $49,000. The truck is expected to have a residual value of $3,000 at the end of its four-year life. Pandora uses the nearest month method to pro-rate depreciation expense. Calculate annual depreciation expense for the second year using straight- line depreciation, assuming Pandora has a calendar year end. Enter your answer as a whole number without commas or dollar signs. Your
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