3. Newson's Courier Service recently purchased a new delivery van for $29,000. The van is estimated to have a useful life of 8 years or 250,000 kilometers. The van will have a residual value of $1,000. The company uses the units-of-production method of depreciation. Assuming the van travelled 36,000 kilometers. during the first year, what is the depreciation expense for the van in year 12 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $3,625 b $3,500 $4,032 d $4,176