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Tidy Limited purchased a new van on January 1, 2021. The van cost $25,000. It has an estimated life of five years and the estimated

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Tidy Limited purchased a new van on January 1, 2021. The van cost $25,000. It has an estimated life of five years and the estimated residual value is $5,000. Tidy uses the double-declining-balance method to compute depreciation. What is the adjusted balance in the Accumulated Depreclation account at the end of 2022? Multiple Cholice 54,000 $16,000 $12,000 55,000 Tidy Limited purchased a new van on January 1, 2021. The van cost $25,000. It has an estimated life of five years and the estimated residual value is $5,000. Tidy uses the double-declining-balance method to compute depreciation. What is the adjusted balance in the Accumulated Depreclation account at the end of 2022? Multiple Cholice 54,000 $16,000 $12,000 55,000

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