Business, 16.06.2020 22:57 kenz309

Speedy Delivery Company purchases a delivery van for $38,400. Speedy estimates that at the end of its four-year service life, the van will be worth $6,200. During the four-year period, the company expects to drive the van 201,250 miles. Actual miles driven each year were 52,000 miles in year 1 and 58,000 miles in year 2. Required Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your intermediate calculations.)
1. Straight-line.
2. Double-declining-balance
3. Activity-based.

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Speedy Delivery Company purchases a delivery van for $38,400. Speedy estimates that at the end of it...

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