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Tidy Limited purchased a new van on January 1, 2018. The van cost $32000. 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 $32000. It has an estimated life of eight years and the estimated residual value is $3,200. Tidy uses the double declining-balance method to compute depreciation What is the depreciation expense for 2018? Multiple Choice $4,000 $3.600 O 2000 17200

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