Business, 25.11.2019 19:31, shetherealbrat

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

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On january 1, 2021, the excel delivery company purchased a delivery van for $153,000. at the end of...