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Tidy Limited purchased a new van on January 1, 2018. The van cost $30,000. It has an estimated life of eight years and the estimated

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Tidy Limited purchased a new van on January 1, 2018. The van cost $30,000. It has an estimated life of eight years and the estimated residual value is $6,000. Tidy uses the double-declining-balance method to compute depreciation. What is the depreciation expense for 2018? Multiple Choice O $3,750. $3,000 O $7,500. O $6,000

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