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21 Tidy Limited purchased a new van on January 1, 2020. The van cost $40,000. It has an estimated life of ten years and the estimated residual value is $3,500. Tidy uses the double-declining-balance method to compute depreciation. What is the depreciation expense for 2020? X 00:37:32 Multiple Choice O $3.650! $8.000 $4.000 Dr. ASI Next Saved Help Save & Exit SU 22 Charter Company, which uses the perpetual inventory method, purchases different letters for resale. Charter had a beginning inventory comprised of seven units at $3 per unit . The company purchased four units at $5 per unit in February, sold nine units in October, and purchased four units at $6 per unit in December. If Charter Company uses the LIFO method, what is the cost of its ending inventory? 8 00:37:18 Multiple Choice O $65 0 $ $35 $ $50 Mc sraw