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Gulfcoast, Inc. purchased a van on January 1, 2019, for $860,000. Estimated life of the van was five years, and its estimated residual value was

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Gulfcoast, Inc. purchased a van on January 1, 2019, for $860,000. Estimated life of the van was five years, and its estimated residual value was $104,000. Gulfcoast uses the straight - Ine method of depreciation. Calculate the book value of the van at the end of 2019 O A $756,000 OB. $698,750 OC. $806,250 OD $708,800

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