noellelovebug1214
noellelovebug1214
05.02.2020 • 
Mathematics

John morse corporation buys a van for $16,000. the estimated life of the van is four years. the residual value of the van is $4,000. after two years, the van is sold for $8,000. what was the difference between the book value and the amount received from selling the van if john used the straight-line method of depreciation?

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