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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 ten 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 ten years and the estimated residual value is $5,000. Shaggy uses the double-declining balance method to compute depreciation. 1:19:07 What is the adjusted balance in the Accumulated Depreciation account at the end of 2015? Multiple Choice $3,600 $12.960 $11520 $1440 ME

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