On january 1, 2021, the excel delivery company purchased a delivery van for $153,000. at the end of its five-year service life, it is estimated that the van will be worth $15,600. during the five-year period, the company expects to drive the van 458,000 miles. required: calculate annual depreciation for the five-year life of the van using each of the following methods. 2. double-declining balance. (round your answers to the nearest whole dollar amount.) answer is complete but not entirely correct. year 2021 2022 2023 2024 2025 total depreciation $ 61,200 36,720 22,032 13,219 7 ,932 $ 141,103 1

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?