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You bought a van two years ago for 10,000. You depreciated the van over four years on a straight-line basis with a nil residual value.
You bought a van two years ago for 10,000. You depreciated the van over four years on a straight-line basis with a nil residual value. On selling the van today, you made a gain on sale of 4,000. How much cash did you receive from the sale of the van
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