Each team member is to become an expert on one depreciation method to facilitate teani'

mates’ understanding of that method, b’ollow these procedures:

a. Each team member is to .select an area for expertise from one of the following depreciation methoils: straight-line, units-of-production, or tiouble-rleclining-balance.

b. Expert teams are to be formed from tho.se who have selected the same area of expertise. The instructor will identify the location where each expert team meets.

c. Using the following data, exjiert teams are to collaborate anti develop a presentation answering the requirements. Expert team members must write the presentation in a format they can show to their learning teams.

Data and Requirements On .laniiary K, 2011, Whitewater Riders imrchases a van to transport rafters back to the point of departure at the conclusion of the rafting adventures they operate. The cost of the van is $44,000.
It has an estimated salvage value of $2,000 ami is expected to be used for four years and ilriven ()0,000 miles.
The van is driven 12,000 miles in 2011, IS,()00 miles in 2012, 21,000 in 2013, ami lt),(K)0 in 2014.
1. Compute the annual depreciation expense for each year of the van’s estimated usefid life.
2. Explain when and how annual depreciation is recorded, 3. Explain the impact on income of this depreciation method verstis others over the van’s life, 4. Identify the van’s book value for each year of its life ami illustrate the reporting of this amount for any one year.

d. Re-form original learning teams. In rotation, experts are to present to their teams the results trom part

c. Experts are to encourage ami respond to iiuestitats.