Tidy Limited purchased a new van on January 1, 2021. The van cost $50,000. It has an estimated life of ten years and the estimated residual value is $5,500. 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 $5,000 $18,000 $16,000 $2,000 Hearth Company uses the units-of-production method to estimate depreciation. The company purchased a new machine for $20,000 that will produce an estimated 100,000 units over its useful life. The estimated residual value of the machine is $2,000. What is the depreciation rate per unit? Multiple Choice $1.20 $0.18 $0.20 $1.18