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31 (2 points) On 1/1/20 Dragonville purchases a delivery van for $35,000. Dragonville estimates that at the end of its five-yea service life, the van

31 (2 points) On 1/1/20 Dragonville purchases a delivery van for $35,000. Dragonville estimates that at the end of its five-yea service life, the van will be worth $2,000. Calculate the depreciation expense for the FIRST year using the straigh method. $3,300 $7,400 $7,000 $6,600

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