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Sunland Company purchased a new van for floral deliveries on January 1,2025 . The van cost $68000 with an estimated life of 10 years and

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Sunland Company purchased a new van for floral deliveries on January 1,2025 . The van cost $68000 with an estimated life of 10 years and $14000 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 2025 ? $6800. $5400. $13600. $10800

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