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Shaggy Limited purchased a new van on January 1, 2014. The van cost $38,000. It has an estimated life of eight years and the estimated

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Shaggy Limited purchased a new van on January 1, 2014. The van cost $38,000. It has an estimated life of eight years and the estimated residual value is $4,600. Shaggy uses the double-declining-balance method to compute depreciation. value: 5.00 points What is the adjusted balance in the Accumulated Depreciation account at the end of 2015 O $16.625. O $4750 o $2,375 $14.250

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