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Mackey purchased a used van for use in its business on January 1 , 2 0 2 0 . It paid $ 1 5 ,
Mackey purchased a used van for use in its business on January It paid $ for the van. Mackey expects the van to have a useful life of four years, with an estimated residual value of $ Mackey expects to drive the van miles during miles during miles in and miles in for total expected miles of
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Doubledecliningbalance method
Annual
tableYeartableAnnualDepreciationExpensetableAccumulatedDepreciationBook ValueStart
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