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3. On 1 July 2021, Louie's dog walking business purchases a new company van. The purchase price of the van was 15,000, and Louie expects

3. On 1 July 2021, Louie's dog walking business purchases a new company van. The purchase price of the van was 15,000, and Louie expects to be able to use the van for 8 years. At the end of 8 years. Louie has been told that he will be able to sell the van for 6.000. Using the straight line method, what is the depreciation expense for the van for the financial year ended 30 June 2023? A: 1,125 B: 750 C: 1,875 D: 1,250

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