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Danube recently acquired a delivery van for $24,600 paying cash. Danube projects a 4 year useful service life and a remaining residual value on the
Danube recently acquired a delivery van for $24,600 paying cash. Danube projects a 4 year useful service life and a remaining residual value on the delivery van of $2,100. Danube expects to drive the van 106,000 miles during the useful service life. Please compute the annual depreciation for the 4 year life of the delivery van for each of these methods
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