Gulfcoast, Inc. purchased a van on January 1, 2025, for $850,000 Estimated life of the van was five years and its estimated residual value was $91,000. Gulfcoast Inc. uses the straight-line method of depreciation. Calculate the book value of the van at the end of 2025 OA. $759,000 OB. $796,875 OC. $690,625 OD. $698,200 13 A petty cash fund was established with a $550 balance. It currently has cash of $85 and petty cash tickets as shown below: Travel expense Office supplies expense Equipment rental expense $115 300 50 Which of the following would be the journal entry to replenish the Petty Cash account? A. debit various expenses $465; credit Petty Cash $465 B. debit various expenses $465; credit Cash $465 OC. credit Petty Cash $465; debit Cash $465 D. debit Cash $85; credit various expenses $85