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Multiple Choice Question 106 Swifty Company purchased a new van for floral deliveries on January 1, 2020. The van cost $46000 with an estimated life

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Multiple Choice Question 106 Swifty Company purchased a new van for floral deliveries on January 1, 2020. The van cost $46000 with an estimated life of 5 years and $14300 salvage value at the end of its useful The double declining balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 20217 0322080 $7360 $29440 $11040

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