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Tidy Limited purchased a new van on January 1, 2021. The van cost $36,000. It has an estimated life of eight years and the estimated

Tidy Limited purchased a new van on January 1, 2021. The van cost $36,000. It has an estimated life of eight years and the estimated residual value is $4,000. 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 $2,250 $4,500 $13,500 $15,750

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