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20) Tudor's Deli and Catering could have sold their delivery van on December 31, 2010 for $16,000. If they could sell the same van on December 31, 2011, for $13,000, then the economic depreciation in 2011
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20) Tudor's Deli and Catering could have sold their delivery van on December 31, 2010 for $16,000. If they

could sell the same van on December 31, 2011, for $13,000, then the economic depreciation in 2011 for this
van

User Alexey Shein
by
7.5k points

1 Answer

4 votes

Answer:

13000-16000=3000

The property depreciated for 18.75 percent

User Quaertym
by
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