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Determine the depreciation and the year-end book value

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Reference no: EM131628073

Question: A van costing $18,000 with an expected life of four years and a salvage value of $1,000 is depreciated by the declining-balance method at twice the straight-line rate. Determine the depreciation and the year-end book value for each of the four years.

Reference no: EM131628073

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