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What is the depreciation expense

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Question - Farr Company purchased a new van for Floral deliveries on January 1 2018. The van cost $56,000 with an estimated life of 5 years and $14000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the depreciation expense for 2018?

Reference no: EM132638094

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