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Shaggy Limited purchased a new van on January 1, 2014. The van cost $30,000. It has an estimated life of Five years and the estimated
Shaggy Limited purchased a new van on January 1, 2014. The van cost $30,000. It has an estimated life of Five years and the estimated residual value is $3,000. Shaggy uses the double-declining-balance method to compute depreciation.
$4,800 $6,000 $14,400. $19,200. |
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