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Gulfcoast, Inc. purchased a van on January 1, 2025, for $950,000. Estimated life of the van was five years, and its estimated residual value was
Gulfcoast, Inc. purchased a van on January 1, 2025, for $950,000. Estimated life of the van was five years, and its estimated residual value was $97,000. Gulfcoast Inc. uses the straight line method of depreciation. Calculate the book value of the van at the end of 2025. O A. $771,875 B. $890,625 C. $853,000 D. $779,400 Gunused 20100.000. Estimate the van www.animaaie was 597000 Gucine method of precision Cameron tevand of 2025 A 1171.005 BBW 65 OD 119
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