Question: PRINTER VERSION BACK NEXT CES Multiple Choice Question 217 Pharoah Company purchased a new van for floral deliveries on January 1, 2016. The van cost

PRINTER VERSION BACK NEXT CES Multiple Choice Question 217 Pharoah Company purchased a new van for floral deliveries on January 1, 2016. The van cost 544000 with an estimated life of 10 years and $14000 salvage value at the end of its useful ute. The double-declining balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2017? $9680 O $15840 51760 $7040

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