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On January 1, 2016, Wasson Company purchased a delivery vehicle costing $38,600. The vehicle has an estimated 6-year life and a $3,800 residual value. What

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On January 1, 2016, Wasson Company purchased a delivery vehicle costing $38,600. The vehicle has an estimated 6-year life and a $3,800 residual value. What is the vehicle's book value as of December 31, 2017, assuming Wasson uses the straight-line depreciation method? O $11.600 O $29,000 O $23,200. O $27,000

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