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stion 14 vet Farr Company purchased a new van for floral deliveries on January 1, 2017. The van cost $56,000 with an estimated life of

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stion 14 vet Farr Company purchased a new van for floral deliveries on January 1, 2017. The van cost $56,000 with an estimated life of 6 years and $1400 salvage value at the end of its useful life. The double- declining-balance method of depreciation will be used. What is the depreciation expense for 2017? ered ed out of ag question Select one: a. $11,200 b. $8,400 C$22,400 d. $16,800 e. The answer does not exist Question 1b Not yet answered Buehler Company on June 15 sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20, Chaz Co. returns merchandise worth $300 to Buehler Company. On June 24, payment is received from Chaz Co. for the balance due. What is the amount of cash received? Marked out of 2.00 Flag question Select one: a $680 b. $668 C. None of the above d$700. @ e. The answer does not exist

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