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The picture can be downloaded and zoomed in upon On January 1, 2020, Bunga purchased a new delivery van. The van cost $35,000 with an

image text in transcribedThe picture can be downloaded and zoomed in upon

On January 1, 2020, Bunga purchased a new delivery van. The van cost $35,000 with an estimated life of 5 years and $5,000 residual value. Double diminishing-balance depreciation will be used. What is the depreciation expense for calendar 2023? Multiple Choice $5,000 $3,024 $2,560 $1,814 $ 0

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