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Oriole Company purchased a new van for floral deliveries on January 1, 2021. The van cost $57000 with an estimated life of 5 years and
Oriole Company purchased a new van for floral deliveries on January 1, 2021. The van cost $57000 with an estimated life of 5 years and $13900 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the depreciation expense for 2021? O $17240 O $22800 O $11400 O $8620
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