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Tidy Limited purchased a new van on January 1, 2021 The van cost $38,000. It has an estimated life of eight years and the estimated

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Tidy Limited purchased a new van on January 1, 2021 The van cost $38,000. It has an estimated life of eight years and the estimated residual value is $4,600. Tidy uses the double-declining balance method to compute depreciation What is the adjusted balance in the Accumulated Depreciation account at the end of 2022? Multiple Choice $16.625 $14.250 $4750 Multiple Choice O $16,625 O $14,250 $4.750 O $2,375

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