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Chubbyville purchases a delivery van for $ 2 4 , 2 0 0 . Chubbyville estimates a four - year service life and a residual
Chubbyville purchases a delivery van for $ Chubbyville estimates a fouryear service life and a residual value of $ During the fouryear period, the company expects to drive the van miles. Calculate annual depreciation for the fouryear life of the van using each of the following methods.
Straightline.
Depreciation expense
Doubledecliningbalance. Round your depreciation rate to decimal places. Round your final answers to the nearest whole dollar.
tableEnd of Year Amounts,YeartableDepreciationExpensetableAccumulatedDepreciationBook ValueTotal
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