Business, 04.07.2020 20:01, donttrip10

Gulfcoast, Inc. purchased a van on January 1, 2019, for $ 850 comma 000.Estimated life of the van was five years, and its estimated residual value was $ 97 comma 000.Gulfcoast uses the straightminuslinemethod 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 $ 850 comma 000.Estimated life of the van wa...