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Required information Shaggy Limited purchased a new van on January 1, 2014. The van cost $36,000. It has an estimated life of six years and

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Required information Shaggy Limited purchased a new van on January 1, 2014. The van cost $36,000. It has an estimated life of six years and the estimated residual value is $3,600. Shaggy uses the double-declining-balance method to compute depreciation. What is the adjusted balance in the Accumulated Depreciation account at the end of 2015? Multiple Choice $4,000 $20,000 Multiple Choice $4,000 O $20,000. $16.000 $6,000

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