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e of four years On January 1, 2014, Smooth Rock Brewery purchased a van for $38,000. Smooth Rock expects the van to have a useful

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e of four years On January 1, 2014, Smooth Rock Brewery purchased a van for $38,000. Smooth Rock expects the van to have a useful l 1. What was the carrying amcunt of the van at the date of sale? 2. Record the sale of the van on December 31, 2017 residual value of $9,000. The depreciation method used was straight-ine. On December 31, 2017,the van was sold for $16,000 cash Requirement 1. What was the carrying amount of the van at the date of sale? (Round to the nearest whole dollar.) The carrying amount of the van at the dato of sale was s Requirement 2. Record the sale of the van on December 31, 2017. (Record debits first, then credits. Explanations are not required.) Journal Entry Date Accounts Debit Credit

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