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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 six 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 six years and the estimated residual value is $3,600. Tidy uses the double-declining-balance method to compute depreciation. What is the depreciation expense for 2021?

Multiple Choice

$10,800

$5,400

$12,000

$6,000

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