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Calculate the book value of the van at the end

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Reference no: EM132995142

Question - ?Gulfcoast, Inc. purchased a van on January? 1, 2025, for? $850,000. Estimated life of the van was five? years, and its estimated residual value was? $91,000. Gulfcoast Inc. uses the straight-line method of depreciation. Calculate the book value of the van at the end of 2025.

Reference no: EM132995142

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