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Waterway Company purchased a new van for floral deliveries on January 1, 2018. The van cost $69000 with an estimated life of 5 years and

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Waterway Company purchased a new van for floral deliveries on January 1, 2018. The van cost $69000 with an estimated life of 5 years and $13200 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2019 $16560 $44160 $33120 $11040

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