Question
Warren Enterprises purchased a van for $22,440. The van has a salvage value of $2,700, and an estimated useful life of eight years. Warren plans
Warren Enterprises purchased a van for $22,440. The van has a salvage value of $2,700, and an estimated useful life of eight years. Warren plans to use the double declining method of depreciation. The depreciation expense in year 2 would be $_________
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Warren Enterprises purchased a van for $13,450. The van has a salvage value of $3,000, and an estimated useful life of eight years. Warren plans to use the double declining method of depreciation.
The depreciation expense in year 1 would be $_________
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