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Tidy Limited purchased a new van on January 1, 2021. The van cost $42,000. 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 $42,000. It has an estimated life of five years and the estimated residual value is $4,500. Tidy uses the double-declining-balance method to compute depreciation What is the depreciation expense for 2021? Multiple Choice $7.500 $15,000 58,400 $16.800

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