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Question 11 (3 points) On 1/1/20 Dragonville purchases a delivery van for $35,000. Dragonville estimates that at the end of its five-year service life,
Question 11 (3 points) On 1/1/20 Dragonville purchases a delivery van for $35,000. Dragonville estimates that at the end of its five-year service life, the van will be worth $2,000. Calculate the depreciation expense for the FIRST year using the DOUBLE DECLINING BALANCE method. $6,600 $7,400 $13,200 $14,000
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
22nd Edition
130566616X, 978-1305666160
