Compute annual depreciation for the first and second years
1. Conlin Company acquires a delivery truck at a cost of $42,000.The truck is expected to have a salvage value of $6,000 at the end of its 4-year useful life. Compute annual depreciation for the first and second years using the straight-line method.
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Explain the risks of not reporting the results of your forensic assessment findings accurately. Provide specific examples.
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