Ten O'Clock Company purchased a van on January 1,2018,for $800,000.Estimated life of the van was five years,and its estimated residual value was $90,000.Ten O'Clock uses the straight-line method of depreciation.Prepare the depreciation schedule.

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The Answer of Ten O'Clock Company purchased a van on January 1,2018,for $800,000.Estimated life of the van was five years,and its estimated residual value was $90,000.Ten O'Clock uses the straight-line method of depreciation.Prepare the depreciation schedule.

Ten O'Clock Company Purchased a Van on January 1,2018,for $800,000