1. Rapture Company purchased a new car for use in its business on January 1,2017. It paid $27,000 for the car. Rapture expacts the car to have a useful life of 4 years with an estimated residual value of zero. Rapture expects to drive the car 90,000 miles during 2017, 25,000 miles during 2018, 40,000 miles 2019, and 25,000 miles in 2020, for total expected miles of 180,000. Using Straight line method of depreciation, calculate the following amounts for car for each of the 4 years of its expected life:

A Depriaciation expense

B Accumulated Depriciation

C Book value

2. Inspire company purchased a new car for use in its business on january 1, 2017. It paid $21,000 for the car. Inspire expects the car to have useful life of 4 years with estimate residual value of 0. Inspire expects to drive the car 20,000 miles during 2017, 15,000 miles during 2018, 50,000 miles during 2019, and 115,000 miles during 2020, for total expected miles of 200,000. Using Unit of production method of depriciation (with miles as the production unit), calculate the following amounts for car for each of the 4 years of its expected life (do not round here; use three decimal places for the depriciation cost per mile):

A Depriaciation expense

B Accumulated Depriciation

C Book value

3. Charm company purchased a new car for use in its business on January 1,2017. It paid $23,000 for the car. Charm expects the car to have a useful life of 4 years with estimate residual value to be 0. Charm expects to drive the car 10,000 miles during 2017, 65,000 miles during 2018, 70,000 during 2019, and 39,000 miles during 2020, for total miles of 184,000. Using Double declining balance method of depreciation, calculate the following amounts for car for each of the 4 years of its expected life:

A Depriaciation expense

B Accumulated Depriciation

C Book value