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Business, 16.04.2020 00:16 ringo12384

Gulfcoast, Inc. purchased a van on January 1, 2019, for $930,000. Estimated life of the van was five years, and its estimated residual value was $93,000. Gulfcoast uses the straight-line method of depreciation. Calculate the book value of the van at the end of 2019.

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Gulfcoast, Inc. purchased a van on January 1, 2019, for $930,000. Estimated life of the van was five...
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