To determine the salvage value of Roxy's ice cream delivery truck, we can use the formula for straight-line depreciation. The formula for straight-line depreciation is:
\[
\text{Depreciation Expense} = \frac{\text{Cost of the Asset} - \text{Salvage Value}}{\text{Useful Life}}
\]
Given that:
- The depreciation expense per year is \(2,100\)
- The cost of the truck is \(19,000\)
- The useful life is \(7\) years
We can set up the


