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DQuestion 3 2 pts A delivery van that cost $40.000 has an expected service life of five years and a residual value of $4,000. Depreciation

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DQuestion 3 2 pts A delivery van that cost $40.000 has an expected service life of five years and a residual value of $4,000. Depreciation for the second year of the asset's life using the Double Declining Balance (DDB) method is: $7.200 $8,640 $9.600 $16,000

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